The ECDL program defines the skills and competencies necessary to use a computer and common computer applications. Student gain credit by exam in the four base modules of the ECDL, that is:
- Computer Essentials;
- Word Processing;
- Online Essentials;
- Spreadsheet.

Reference texts

* Self-learning suite by AICA, available at http://www.micertificoecdl.it: an additional support for exam preparation. It contains the teaching material prepared by AICA useful for the preparation and passing of the exams to obtain the European Computer Driving License. It consists of Videolessons, Manuals, Laboratories and Tests.Each module can be activated with a unique code that is delivered to the student for each exam module purchased.
* Any textbook, guide o manual validated by AICA complies with Syllabus 5.0; the texts are available on line (http://www.ecdl.it/preparati-all-esame)

Teaching targets

The student must demonstrate to have the following basic skills:
- Computer Essentials Module: core competencies for the use of computers, like managing files and folders, and the basic computer concepts: hardware, software, networks and security
- Word Processing Module: skills to carry out tasks related to creating and formatting text documents, such as letters, reports or articles.
- Form Online Essentials: fundamental concepts and skills necessary for navigation on the network, to an effective method of searching for information, online communication and email use.
- Spreadsheet Form: skills related to creating, formatting, modifying and using spreadsheets, the development of standard formulas and functions, and the creation and formatting of charts or tables.

Prerequisites

None

Didattics Methods

Self study

Grading rules

The student can acquire credits for the examination of "Computer Skills" with the presentation of the certificate "Basic ECDL" certificate obtained with Syllabus 5.0/6.0. Both in the seat of Novara and in that of Alexandria, it is a Test Center AICA where you can get this certification. More detailed information is available on the Department's website (http://www.disei.uniupo.it/tutto-studenti/offerta-formativa/certificazioni-informatiche)

The ECDL program defines the skills and competencies necessary to use a computer and common computer applications. Student gain credit by exam in the four base modules of the ECDL, that is:
- Computer Essentials;
- Word Processing;
- Online Essentials;
- Spreadsheet.

Reference texts

* Self-learning suite by AICA, available at http://www.micertificoecdl.it: an additional support for exam preparation. It contains the teaching material prepared by AICA useful for the preparation and passing of the exams to obtain the European Computer Driving License. It consists of Videolessons, Manuals, Laboratories and Tests.Each module can be activated with a unique code that is delivered to the student for each exam module purchased.
* Any textbook, guide o manual validated by AICA complies with Syllabus 5.0; the texts are available on line (http://www.ecdl.it/preparati-all-esame)

Teaching targets

The student must demonstrate to have the following basic skills:
- Computer Essentials Module: core competencies for the use of computers, like managing files and folders, and the basic computer concepts: hardware, software, networks and security
- Word Processing Module: skills to carry out tasks related to creating and formatting text documents, such as letters, reports or articles.
- Form Online Essentials: fundamental concepts and skills necessary for navigation on the network, to an effective method of searching for information, online communication and email use.
- Spreadsheet Form: skills related to creating, formatting, modifying and using spreadsheets, the development of standard formulas and functions, and the creation and formatting of charts or tables.

Prerequisites

None

Didattics Methods

Self study

Grading rules

The student can acquire credits for the examination of "Computer Skills" with the presentation of the certificate "Basic ECDL" certificate obtained with Syllabus 5.0/6.0. Both in the seat of Novara and in that of Alexandria, it is a Test Center AICA where you can get this certification. More detailed information is available on the Department's website (http://www.disei.uniupo.it/tutto-studenti/offerta-formativa/certificazioni-informatiche)

The course aims at providing the students with basic concepts belonging to the area of Italian private law (ie, the set of principles and rules that govern the relations between individuals and between individuals and the state or other public authority in cases where the latter act privatorum jure) in order to achieve a solid foundation for learning materials belonging to the private-sector and to enable the student to become familiar with the necessary methodological tools for the analysis and resolution of legal issues. The course deals with current issues in Italian private law from a both theoretical and practical perspective.

The course is aimed at learning the general notions of private law a. At the end, the students will be able to use easily the civil code, having assimilated the structure and logic of its partitions. In addition, students will be able to relate the main private law institutions (persons, things, contracts and liability) and to solve some essential practical questions.

Prerequisites

none

Didattics Methods

The course is organized around lectures and case law discussions. Attendance in recommended.

Oral exam consisting in 3 or 4 questions aimed at verifying that the student, in addition to having mastered the basics tenets of private law and legal terminology, is able to interpret and to relate its knowledge in solving practical cases.
During the oral examination students are allowed to use their civil code.

Full arguments

Topics include: the Italian legal system: the sources of Italian private law; legal facts and acts; legal actors and personhood: natural and legal persons; the concept of “thing”; ownership, property interests, possession; the law of obligations: sources of obligations, performance, nonperformance, particular obligations, circulation of rights and obligations; the law of contracts: the nature and definition of contracts, freedom of contract and its limits, the binding force of contracts, the elements of a contract, contracts and third persons, agency and representation, validity of contracts, termination, rescission, particular types of contract; general principles of tort law; general principles of family law; donation and general principles of inheritance; patrimonial responsibility of the debtor rules of evidence; prescription and decay.

Expected learning objectives

Students are expected to acquire the ability and skills to:
- use an appropriated legal language
- mastering the structure of the Civil Code
- understand the main institutes of private law
- critically interpret the legal rules
- apply and connect the acquired knowledge in solving practical cases of simple solution

Achievement of an adequate knowledge of the Italian public law.
In particular, the course provides knowledge and understanding skills, relating to the basic concepts of public law and notions, concepts and institutions of the Italian constitutional law, alongside an initial capacity to apply these knowledge and understanding skills to simple case studies.

Prerequisites

nothing

Didattics Methods

The course will be provided in blended learning, with both frontal lessons and online materials. These online materials will support traditional handbooks. Online materials will be made known at the beginning of the course following a precise time-table.

Other informations

The course aims to provide students with the critical tools to understand the interactions between the legal models and the development of economic systems, and to deepen the concept of " economic constitution "

Grading rules

Written examination (ten closed-ended questions).

Full arguments

The course will deal with the following themes:
a) basic concepts of constitutional law and constitutionalism. Law, political power, State, Constitution;
b) the system of sources of law; in particular the criteria for the solution of contradictions, interpretation of normative texts, the different sources of Italian law, the Italian legal system within the European framework;
c) the form of State and form of Government. The constitutional bodies: Parliement, Government, President of the Republic.
d) the Regions and the local territorial bodies;
e) constitutional rights: rights of liberty, rights of participation and rights of equality;
f) constitutional justice and jurisdictional guarantee of rights;
g) the economic Constitution

The course promotes better understanding of Italian public institutions and of the
Constitutional framework in which they function.
In particular, It examines the structure of our government and focuses on the
distribution of power among the public institutions, and the division of power
between the central state and the regions.
The course will carefully consider the fundamental rights protected by the Italian
constitution and the jurisdictional guarantees for rights.
Moreover, special attention will be given to the problem of European integration and
to the analysis of the validity and effects of EU law in the Italian legal system.

Achievement of an adequate knowledge of the Italian public law.
In particular, the course provides knowledge and understanding skills, relating to the
basic concepts of public law and notions, concepts and institutions of the Italian
constitutional law, alongside an initial capacity to apply these knowledge and
understanding skills to simple case studies.

Prerequisites

Nothing

Didattics Methods

The course will be provided in blended learning, with both frontal lessons and online
materials. These online materials will support traditional handbooks. Online
materials will be made known at the beginning of the course following a precise
time-table.

Other informations

The course aims to provide students with the critical tools to understand the
interactions between the legal models and the development of economic systems,
and to deepen the concept of " economic constitution "

Grading rules

Written examination (ten closed-ended questions).

Full arguments

The course will deal with the following themes:
a) basic concepts of constitutional law and constitutionalism. Law, political power,
State, Constitution;
b) the system of sources of law; in particular the criteria for the solution of
contradictions, interpretation of normative texts, the different sources of Italian law,
the Italian legal system within the European framework;
c) the form of State and form of Government. The constitutional bodies: Parliement,
Government, President of the Republic.
d) the Regions and the local territorial bodies;
e) constitutional rights: rights of liberty, rights of participation and rights of equality;
f) constitutional justice and jurisdictional guarantee of rights;
g) the economic Constitution

The course will focus on the following five areas:
I. Form of State and form of government: institutional design of the Italian state and
its historical background
II. Elements of the democratic dialogue within the EU governance
III. Italian sources of law (I)
VI. International and European law within the Italian legal order (II)
V. Judicial review and court’s dialogue in Italy among national courts, Constitutional
court and CJEU

The course is proposed to confer to the students an institutional knowledge of the
Italian public right, mainly to the aim to comprise and to correctly apply the sources
of law, to critically know and to observe the structure and dynamics of the State and
to learn the fundamental features of the system of the rights and the freedoms as so
as of the jurisdictional ordering.

Prerequisites

Fundamental knowledge of Italian History

Didattics Methods

Lectures

Grading rules

Written and oral exam.
A written Pre-Exam will be held on the first two pars (sources of law, form of
government).
Every Pre-Exam will consist in ten multiple-choice questions and one open
question, for a maximum of 15/15.

Full arguments

1. Constitutionalism: ancient and modern.
2. The birth of the Nation State in the Modern Age. The constituent elements of the
State: territory, population, sovereignty. The constitutional Revolutions of the XVIII
Century.
3. The evolution of the forms of the State.
4. Fundamental rights: legal features and transformations in western
constitutionalism.
5. The legal order: norms and sources of law. The hierarchical system of the
sources of law.
6. Criteria for the solution of antinomies.
7. The Constitution as superior paramount law in the western Constitutionalism. The
rigidity of the Constitution.
8. The Constitutional review of the legislation..
B) Representative democracy and Parliamentary form of government
9. Patterns of democracy: direct and representative democracy.
10. Political representation and electoral systems.
11. The Forms of Government in comparative perspectives: parliamentary
government.
12. The Forms of Government in comparative perspectives: Presidential and semi-
Presidential Government.
C) European Union
13. The European Constitutions in the Post-Second World War and the openness to
International law. Principles and sources of the international law and international
organizations.
14. Origins and developments of the European Communities and the European
Union.
15. The Treaties of the European Union and the Charter of Fundamental Rights of
EU.
16. The Institutional frame of the European Union.
17. The sources of law of the European Union and their relevance in the domestic
legal orders.
18. The principle of subsidiarity.
19. The European Court of Justice.
20. The European Convention of Human Rights: its relevance in the States legal
orders and the protection of human rights by the European Court of Strasbourg.
D) Italian Constitution: sources of law and the system of constitutional review of the
legislation
21. From the Italian Statute of 1848 to the Constitutional Assembly. Limits and
procedures for the amendment of the Constitution (art. 138-139 I.C.).
22. The Parliamentary Law (art. 70-74 I.C.).
23. The Acts of the Executive Branch with force of law (art.76-77 I.C.).
24. The reservation to the Statutory Law. The Regulations of the Executive
Branch.
25. The system of separation of competences between the sources of law: the
Regional Law (art. 117 I.C.).
26. The popular Referendum on Legislative Acts (art. 75 I.C.).
27. The Italian Constitutional Court: the constitutional review of the legislation (art.
134-137 I.C.).
28. The Italian Constitutional Court: other functions.
E) Italian form of government
29. The structure of the Parliament (art. 55-69, 82 I.C.).
30. The status of the members of the Parliament (art. 68 I.C.).
31. The Parliamentary Confidence and the formation of the Cabinet (art. 92-94 I.C.).
32. The President of the Republic (art. 83-91 I.C.).
33. Structure of the Executive Branch and the Public Administration. (art. 95-100
I.C.).
34. Regional Form of Government (art. 121-126 I.C.). Local Government (art. 114-
133 I.C.).
35. Constitutional Principles of the State Budget (art. 81 I.C.).
36. Politics and Jurisdiction: the independence of the judicial branch (art. 101-110
I.C.).

The course is designed to provide a basic understanding of financial accounting and business management of companies which produce goods and services. The course is devoted to accounting and financial statements presentation and to companies business and management rules. The course is also focused on the understanding of the environmental influences using also some specific business cases in order to join the students to the” business reality”.
In detail, the objectives can be identified as follows:
1.Knowledge and understanding.
The course aims to provide students with the foundamental terminology and Methodologies related to the business administration, useful for representing and understanding the functioning of companies.
2.Applying knowledge and understanding.
The acquired knowledge about business administration will make able the students to develop technical, accounting, managerial and organizational skills which are useful for the study of specific disciplines. In particular, the student will acquire technical language related to business disciplines. It will be given to him/her the opportunity to acquire the concepts and the basic language of economic analysis of business processes in order to capture the representative elements of the companies and the determinants of their equilibriums.
3.Making judgements.
The course will enable students to develop autonomy of judgment and it will place the student in the position to make considerations about the company’s equilibriums and the business operations.
4.Communication skills.
Based on the acquired knowledge, students can develop communication and social skills for business consulting. They will be able to make accounting evaluations, when he/she work at the company covering administrative positions.
5.Learning skills.
The study of the discipline will enable the student to understand the business dynamics framing the analysis of the managerial moments in the unified and coordinated vision of business events.

Prerequisites

None

Didattics Methods

Frontal lectures, business cases and exercises will be used during the course.

Other informations

This course is a prerequisite for the course of Accountancy.

Grading rules

The examination is written.

Full arguments

The course is characterised by two topics: accounting and financial statements and business and management. During the different lessons the synergy between these two topics is clearly stressed.
1st part - Accounting and financial statements:
- The accounting system;
- Accounting for ordinary business transactions;
- Import and export;
- Fixed assets;
- Financing operations;
- Shareholders' Equity;
- Adjustments and closing entries;
- Presentation of Financial statements.
2nd part - Business and management:
- The enterprise as a system;
- The environmental influences;
- Main functional areas and processes;
- Marketing department;
- Organizational department;
- Administrative and Finance Department;

Expected learning objectives

1. Applying knowledge and understanding.
The knowledge acquired during the course will allow the student to use the strategic, managerial and organizational skills and competences to be applied in the business realities. In particular, the student must acquire the technical-economic language of the company disciplines and be able to formulate the economic analysis of the company processes and to understand the critical elements that characterize the areas of activity carried out by the company.
2. Making judgments.
The course will allow the student to develop an autonomy of judgment and will put the student in the conditions to express considerations regarding the company balances and management facts.
3. Communication skills.
On the basis of the acquired knowledge, the student will be able to develop communication and relational skills for the business consulting activity and to perform evaluations of a strategic nature, in the job positions related to the relative function.
4. Learning skills.
The study of the discipline will allow the student to understand the dynamics of the company framing the analysis of the single management moment in the unitary and coordinated vision of the business facts and the economic environment in which the company carries out its activity

The course is designed to provide a basic understanding of financial accounting and business management of companies which produce goods and services. The course is devoted to accounting and financial statements presentation and to companies business and management rules. The course is also focused on the understanding of the environmental influences using also some specific business cases in order to join the students to the” business reality”.
In detail, the objectives can be identified as follows:
1.Knowledge and understanding.
The course aims to provide students with the foundamental terminology and Methodologies related to the business administration, useful for representing and understanding the functioning of companies.
2.Applying knowledge and understanding.
The acquired knowledge about business administration will make able the students to develop technical, accounting, managerial and organizational skills which are useful for the study of specific disciplines. In particular, the student will acquire technical language related to business disciplines. It will be given to him/her the opportunity to acquire the concepts and the basic language of economic analysis of business processes in order to capture the representative elements of the companies and the determinants of their equilibriums.
3.Making judgements.
The course will enable students to develop autonomy of judgment and it will place the student in the position to make considerations about the company’s equilibriums and the business operations.
4.Communication skills.
Based on the acquired knowledge, students can develop communication and social skills for business consulting. They will be able to make accounting evaluations, when he/she work at the company covering administrative positions.
5.Learning skills.
The study of the discipline will enable the student to understand the business dynamics framing the analysis of the managerial moments in the unified and coordinated vision of business events.

Prerequisites

None

Didattics Methods

Frontal lectures, business cases and exercises will be used during the course.

Other informations

This course is a prerequisite for the course of Accountancy.

Grading rules

The examination is written.
The examination is composed by two different sections, in order to separately consider the knowledge about accounting/financial statements and business/management.
The section business/management (theoretical part) will be verified through some specific questions.
The methodological part (accounting/financial statements) will be verified through some specific exercises about financial accounting and bookkeeping.
The two sections are equally important. The final grade is the average.

Full arguments

The course is characterised by two topics: accounting and financial statements and business and management. During the different lessons the synergy between these two topics is clearly stressed.
1st part - Accounting and financial statements:
- The accounting system;
- Accounting for ordinary business transactions;
- Import and export;
- Fixed assets;
- Financing operations;
- Shareholders' Equity;
- Adjustments and closing entries;
- Presentation of Financial statements.
2nd part - Business and management:
- The enterprise as a system;
- The environmental influences;
- Main functional areas and processes;
- Marketing department;
- Organizational department;
- Administrative and Finance Department;

Expected learning objectives

Knowledge of the Accounting system for business transactions and financial statements and of the methodology for the detection of administrative facts. Knowledge of the main mechanisms of composition and operation of a company and of the management principles.

The first part of the course introduces students to basic tools widely used in microeconomics for the analysis of: 1. the rational choices of consumers and firms; 2. the characteristics and mechanisms of a perfectly competitive market; 3. the characteristics and mechanisms of a monopoly, oligopoly and monopolistic competition market structure. At the end of the course students are introduced to basic concepts of macroeconomics.

The objective of the course is to provide basic tools for the analysis and the understanding of the main economic mechanisms which characterize: 1. the rational choices of consumers and firms; 2. how markets behave. This course introduces the students to the basic concepts and principles required to analyse and discuss an economic model and its application. This knowledge has to be conceived as a prerequisite for the development of positive and normative judgements on economic and political economy issues.

Didattics Methods

Lectures

Other informations

Further information can be found in the web page of the course at the URL: https://dir.unipo.it/.

Grading rules

It is a written examination. The exam consists of two parts: ten multiple choice (9 questions on microeconomics and 1 question of macroeconomics) and one essay (microeconomics), on the basis of which it is evaluated the student's knowledge of the economic model considered. The essay is not graded if more than 4 multiple choice questions are failed. The essays should discuss extensively the hypotheses, the mechanisms and the main economic implications and applications of the issue analysed. The assessment is expressed in thirties for each part and the final grade has to be equal or greater than 18/30. Within a year, no more than three exams can be taken. The exam lasts 90 minutes.

The first part of the course introduces students to basic tools widely used in microeconomics for the analysis of 1. the rational choices of consumers and firms; 2. the characteristics and mechanisms of a perfectly competitive market; 3. the characteristics and mechanisms of a monopoly, oligopoly and monopolistic competition market structure. At the end of the course students are introduced to basic concepts of macroeconomics.

The objective of the course is to provide basic tools for the analysis and the understanding of the main economic mechanisms which characterize: 1. the rational choices of consumers and firms. 2. how markets behave. This course introduces the students to the basic concepts and principles required to analyse and discuss an economic model and its application. This knowledge has to be conceived as a prerequisite for the development of positive and normative judgements on economic and political economy issues.

Didattics Methods

Lectures.

Other informations

Further information can be found in the web page of the course at the URL: https://dir.unipo.it/

Grading rules

It is a written examination. The exam consists of ten multiple choice (9 questions on microeconomics and 1 question of macroeconomics) and one essay (microeconomics) on the basis of which it is evaluated the student's knowledge of the economic model considered. The essay is not graded if more than 4 multiple choice questions are failed. The essays should discuss extensively the hypotheses, the mechanisms and the main economic implications and applications of the issue analysed. The grade is expressed in thirties for each subject and it has to be greater or equal to 18/30. Within a year, no more than three exams can be taken.

The course is designed to provide a basic understanding of financial accounting and business management of companies which produce goods and services. The course is devoted to accounting and financial statements presentation and to companies business and management rules. The course is also focused on the understanding of the environmental influences using also some specific business cases in order to join the students to the” business reality”.
In detail, the objectives can be identified as follows:
1.Knowledge and understanding:
The course aims to provide students with the foundamental terminology and Methodologies related to the business administration, useful for representing and understanding the functioning of companies.
2.Applying knowledge and understanding:
The acquired knowledge about business administration will make able the students to develop technical, accounting, managerial and organizational skills which are useful for the study of specific disciplines. In particular, the student will acquire technical language related to business disciplines. It will be given to him/her the opportunity to acquire the concepts and the basic language of economic analysis of business processes in order to capture the representative elements of the companies and the determinants of their equilibriums.
3.Making judgements:
The course will enable students to develop autonomy of judgment and it will place the student in the position to make considerations about the company’s equilibriums and the business operations.
4.Communication skills:
Based on the acquired knowledge, students can develop communication and social skills for business consulting. They will be able to make accounting evaluations, when he/she work at the company covering administrative positions.
5.Learning skills:
The study of the discipline will enable the student to understand the business dynamics framing the analysis of the managerial moments in the unified and coordinated vision of business events.

Prerequisites

None.

Didattics Methods

Frontal lectures, business cases and exercises will be used during the course.

Other informations

This course is a prerequisite for the course of Accountancy.

Grading rules

The examination is written.
The examination is composed by two different sections, in order to separately consider the knowledge about accounting/financial statements and business/management.
The section business/management (theoretical part) will be verified through some specific questions.
The methodological part (accounting/financial statements) will be verified through some specific exercises about financial accounting and bookkeeping.
The two sections are equally important. The final grade is the average.

Full arguments

The course is characterised by two topics: accounting and financial statements and business and management. During the different lessons the synergy between these two topics is clearly stressed.
1st part - Accounting and financial statements:
- The accounting system;
- Accounting for ordinary business transactions;
- Import and export;
- Fixed assets;
- Financing operations;
- Shareholders' Equity;
- Adjustments and closing entries;
- Presentation of Financial statements.
2nd part - Business and management:
- The enterprise as a system;
- The environmental influences;
- Main functional areas and processes;
- Marketing department;
- Organizational department;
- Administrative and Finance Department;

Expected learning objectives

The expected results are:
- autonomy of judgment that will put the student in the conditions to express considerations regarding the company
- knowledge of fundamental terminology and methodologies (related to business administration) to understand the functioning of a company.

Rationality and economics
Consumers, workers and firms
The State and the Market
Different types of market structures
Market failures
Macroeconomics – the main concepts

Reference texts

“Economia e Scienze Economiche”, handouts by M. Novarese (2017)”
This material can be downloaded from the DIR web-site of the course.

Teaching targets

Aim of the course is to make students: understand the difference between models and reality and the functioning of the scientific method in the social sciences; understand the main research streams in the contemporary economics debate; develop the ability to think using the main economic concepts (applying cost-benefit analysis to basic economic problems, understanding its meaning and limits; developing a critical approach to the economic problems); understand the debate on human motivations; understand the main idea on the functioning of markets, mainly from a microeconomic point of view.

Prerequisites

none

Didattics Methods

Standard classroom teaching

Other informations

Attendance is recommended but not compulsory

Grading rules

The exam is based on a computerized test and can be divided in two parts. Exercises and practice tests are available on DIR.
The exams allow to test for the knowledge of the concpets and the capacity to apply them.

Full arguments

Economic reasoning and the instruments of economic analysis
The different approaches to economic science
Consumption
Firms, production and supply
Markets: perfect competition, monopoly, monopolistic competition, oligopoly
The markets of the factors of production: labour and capital
The market and the state
Market failures
Economics of information
The GDP
The national accountancy
Money
Inflation
Aggregate demand and supply
Comparative advantage and international trade
Employment and unemployment
The economic cycle
Economic growth

There will no course book as material be used from a number of different sources. The market is awash with course books and grammars.
Recommended: Intermediate level – English Grammar in Use ( Italian or English version) by Raymond Murphy – CUP. Advanced level – Advanced Language Practice by Michael Vince – Macmillan.
www.flo-joe.co.uk is a useful website for exercises at B1 ( PET) & B2 (FCE) levels.

Teaching targets

The main aim of the course is to fill the gap between a student’s level of English on leaving school and where he/she needs to be for studying law. The course assumes students will have a basic but very low level of English and the aim of the course is to help the student, as far as is possible within the 30 hours, to go from basic English to around a B2 level (Common European Framework –Cfr) . To make this transition, students will be expected to put in as much time, and do as much private studying as they need , to achieve this level of competence. It cannot be achieved just by attendance in class.
Basic tenses will be taught with exercises, and other main aspects of grammar covered and students will do some listening comprehension exercises. This will be an accelerated language learning experience from which students will get out as much as they put in.
The Department positively encourages students to take external examinations (such as the Cambridge exams ,TOEFL and IELTS) for their own value. They play a vital role in a student’s armoury for future job opportunities. Advice and assistance in enrolling and taking these exams is available at any time.
B2 – First Certificate of English (FCE), Business English Course – Vantage.
C1 – Certificate of Advanced English (CAE), Business English Course (Higher).
B2/C1 - International Legal English Course (ILEC), International English Language Testing System ( IELTS ) and TOEFL.

Prerequisites

B1

Didattics Methods

Frontal Lessons.

Other informations

Course written by CIB – use of computer, web sites, cd/dvd’s.

Grading rules

Students who have passed any of the ALTE exams at B2 level or above or IELTS at 6.0 are exempt from this course and will automatically be given 4 credits.
The exam is Pass/ fail. 18/30 – 60%.
The exam will consist of TWO parts – a Listening Section consisting of two passages and a Grammar Section (one hour) with a variety of questions using multiple choice and gap filling exercises.

The course aims at helping the students to acquire the knowledge and skills of mathematics, related to the differential and integral calculus in a variable, necessary for the study and analysis of economic-business models and for the understanding of the tools of basic statistics.

During the week before the start of the course an intensive refresh course of 12 hours about prerequisites is given.
On the web page of the course at the URL: www.dir.uniupo.it any useful information on the course and learning resources can be found. More precisely:
- self-evaluation tests: weekly, during the course, two self-evaluation tests are published;
- complementary learning material: examples and/or extra material;
- pre-exam self-evaluation test "A che punto sei?" to check the acquired knowledges and abilities the week before every written exam;
- recent past exams proofs with text and sketch of the solutions;
- samples of unfolded exercises which are more frequently assigned at exams.
20 additional hours of laboratory are planned (10 during the lectures, 10 in May 2019) to allow students to check their level of preparation by personally addressing some questions and then discussing their solution interactively with the teacher.

Grading rules

A compulsory written exam with exercises and theoretical questions, and an optional oral exam.
A compulsory written exam with exercises and theoretical questions, and an optional oral exam.
Written exam:
- three theoretical questions to test the knowledge and the comprehension of the main topics of the course;
- four short exercises to test the ability of applying the knowledges reached to the solution of simple problems;
- two longer and more complex exercises, to test the autonomous ability of choosing the adequate tools for problem solving and the ability of communicating through an appropriate and rigorous language.
Oral exam:
- some questions on topics that can be analyzed through the tools and the knowledges acquired during the course, in order to test both the learning and the communicative skills;
- analysis of cases slightly different from the ones seen during the course, in order to test autonomous reasoning skills.
The exam can be replace by one mid-term exam plus one final exam the week after the end of the course.
Details and clarifications on the contents, the modalities of participation and the evaluation of the exam tests are published on the DIR page of the course.

Full arguments

The set of the real numbers, the real line, intervals. Introduction to the topology of the real line. Ordered sets on the real line, g.l.b., l.u.b., maximum and minimum of a set. Real functions of one real variable: definition, elementary functions, operations among functions, injective, surjective and bijective functions, invertibility, monotonicity, concavity and convexity, extrema of a function. Limits and continuity: definitions and basic theorems. Differential calculus in one variable. Definitions: difference quotient, derivative, tangent line. Derivatives of elementary functions, differentiation rules. Higher-order derivatives. Some theorems of differential calculus. Applications of differential calculus to computation of limits, monotonicity and convexity study, and determination of extrema. Introduction to the antiderivatives and their applications: definition, elementary integrals, linearity of integration, integration by parts, integration by substitution. Application to the computation of definite integrals. Functions defined by integrals. Introduction to generalized integrals.

Expected learning objectives

The expected results related to a minimum level of sufficiency are:
- Basic knowledge of the main mathematical notions related to the theory of function of real variable, to differential and integral calculus in a real variable.
- Sufficient ability to apply these concepts in solving simple problems.
- Maturation of a minimum capacity of judgment in the choice and use of calculation tools suitable for the resolution of the aforementioned problems.
- Sufficient ability to communicate in a clear and rigorous way the logical-deductive paths followed in addressing the proposed problems.
The expected results related to a medium / advanced level are:
- Good knowledge and understanding of the main mathematical notions related to the theory of function of real variable, to the differential and integral calculus in a real variable.
- Good ability to apply these concepts in solving sufficiently complex problems.
- Maturation of a satisfactory judgment capacity in the choice and use of the appropriate tools to solve the aforementioned problems.
- Discrete ability to adapt the choice of instruments to the necessary variations.
- Good ability to communicate in a clear and rigorous way the logical-deductive paths followed in dealing with the proposed problems.

The course aims at helping the students to acquire the knowledge and skills of mathematics, related to the differential and integral calculus in a variable, necessary for the study and analysis of economic-business models and for the understanding of the tools of basic statistics.

During the week before the start of the course an intensive refresh course of 12 hours about prerequisites is given.
On the web page of the course at the URL: www.dir.uniupo.it any useful information on the course and learning resources can be found. More precisely:
- self-evaluation tests: weekly, during the course, two self-evaluation tests are published;
- complementary learning material: examples and/or extra material;
- pre-exam self-evaluation test "A che punto sei?" to check the acquired knowledges and abilities the week before every written exam;
- recent past exams proofs with text and sketch of the solutions;
- samples of unfolded exercises which are more frequently assigned at exams.
Moreover, 20 hours of laboratory, 10 during the course and 10 in May 2019, will be provided. The laboratory will help the students to test actively their preparation level, by solving autonomously in class exercises proposed by the teacher, and by interacting by the teacher herself.

Grading rules

A compulsory written exam with exercises and theoretical questions, and an optional oral exam.
Written exam:
- three theoretical questions to test the knowledge and the comprehension of the main topics of the course;
- four short exercises to test the ability of applying the knowledges reached to the solution of simple problems;
- two longer and more complex exercises, to test the autonomous ability of choosing the adequate tools for problem solving and the ability of communicating through an appropriate and rigorous language.
Oral exam:
- some questions on topics that can be analyzed through the tools and the knowledges acquired during the course, in order to test both the learning and the communicative skills;
- analysis of cases slightly different from the ones seen during the course, in order to test autonomous reasoning skills.
The exam can be replaced by one mid-term exam plus one final exam the week after the end of the course.

Full arguments

The set of the real numbers, the real line, intervals. Introduction to the topology of the real line.
Ordered sets on the real line, g.l.b., l.u.b., maximum and minimum of a set.
Real functions of one real variable: definition, elementary functions, operations among functions, injective, surjective and bijective functions, invertibility, monotonicity, concavity and convexity, extrema of a function.
Limits and continuity: definitions and basic theorems.
Differential calculus in one variable. Definitions: difference quotient, derivative, tangent line. Derivatives of elementary functions, differentiation rules. Higher-order derivatives.
Some theorems of differential calculus. Applications of differential calculus to computation of limits, monotonicity and convexity study, and determination of extrema.
Introduction to the antiderivatives and their applications: definition, elementary integrals, linearity of integration, integration by parts, integration by substitution. Application to the computation of definite integrals.
Introduction to generalized integrals.

Expected learning objectives

The expected results related to a minimum level of sufficiency are:
Basic knowledge of the main mathematical notions related to the theory of function of real variable, to differential and integral calculus in a real variable.
Sufficient ability to apply these concepts in solving simple problems.
Maturation of a minimum capacity of judgment in the choice and use of calculation tools suitable for the resolution of the aforementioned problems.
Sufficient ability to communicate in a clear and rigorous way the logical-deductive paths followed in addressing the proposed problems.
The expected results related to a medium / advanced level are:
Good knowledge and understanding of the main mathematical notions related to the theory of function of real variable, to the differential and integral calculus in a real variable.
Good ability to apply these concepts in solving sufficiently complex problems.
Maturation of a satisfactory judgment capacity in the choice and use of the appropriate tools to solve the aforementioned problems.
Discrete ability to adapt the choice of instruments to the necessary variations.
Good ability to communicate in a clear and rigorous way the logical-deductive paths followed in dealing with the proposed problems.

Reaching of a good knowledge and understanding of the basic mathematical notions about infinitesimal, differential and integral calculus in one real variable.
Maturation of a satisfactory ability of choosing and using the right tools for the solution of simple problems concerning function of one real variable.
Development of the skill of adapting the tools choice to necessary variants and of the ability of communicating in a sufficiently clear and rigorous way the logic-deductive way of problem solving.

During the week before the start of the course an intensive refresh course of 12 hours about prerequisites is given.
On the web page of the course at the URL: www.dir.uniupo.it any useful information on the course and learning resources can be found. More precisely:
- self-evaluation tests: during the course tests are published;
- complementary learning material: examples and/or extra material;
- recent past exams proofs with text and sketch of the solutions; samples of unfolded exercises which are more frequently assigned at exams.

Grading rules

A compulsory written exam with exercises and theoretical questions, and an optional oral exam.
Written exam:
- three theoretical questions to test the knowledge and the comprehension of the main topics of the course;
- four short exercises to test the ability of applying the knowledges reached to the solution of simple problems;
- two longer and more complex exercises, to test the autonomous ability of choosing the adequate tools for problem solving and the ability of communicating through an appropriate and rigorous language.
Oral exam:
- some questions on topics that can be analyzed through the tools and the knowledges acquired during the course, in order to test both the learning and the communicative skills;
- analysis of cases slightly different from the ones seen during the course, in order to test autonomous reasoning skills.
The exam can be replace by one mid-term exam plus one final exam on the date of the first exam in January.

Full arguments

The set of the real numbers, the real line, intervals. Introduction to the topology of the real line. Ordered sets on the real line, g.l.b., l.u.b., maximum and minimum of a set. Real functions of one real variable: definition, elementary functions, operations among functions, injective, surjective and bijective functions, invertibility, monotonicity, concavity and convexity, extrema of a function. Limits and continuity: definitions and basic theorems. Differential calculus in one variable. Definitions: difference quotient, derivative, tangent line. Derivatives of elementary functions, differentiation rules. Higher-order derivatives. Some theorems of differential calculus. Applications of differential calculus to computation of limits, monotonicity and convexity study, and determination of extrema. Introduction to the antiderivatives and their applications: definition, elementary integrals, linearity of integration, integration by parts, integration by substitution. Application to the computation of definite integrals. Functions defined by integrals. Introduction to generalized integrals.

Presentation of statistical methodology for the analysis of one-dimensional and two-dimensional data. Introduction to probability theory and to sample statistics with special attention to inference for large samples.

Reference texts

Lecture notes and exercises are available in the web page of the course at the URL: https://dir.uniupo.it

Teaching targets

The goal of the course is to introduce some basic techniques of univariate and bivariate data analysis and some elements of inferential statistics. The learning process focuses on:
1. definition of concepts by using examples and applications;
2. mastery of technical and formal language;
3. development of data analysis skills and of the ability to comment on and communicate the results.

Prerequisites

Basic elements of mathematics and calculus.

Didattics Methods

Lectures and exercises. Some extra-activities are planned.

Other informations

Some on-line supports are available on the web page of the course.

Grading rules

The evaluation is based on a compulsory written exam and an oral exam.
The written exam includes:
- theoretical questions whose scope is to verify the knowledge level,
- exercises to verify the abilities in applying the introduced numerical tools,
- structured problems to test abilities in providing coherent comments on the results and communicating them with a proper statistical language.
The oral exam (compulsory for students whose written grade is at least 26) measures the knowledge on the theoretical and formal aspects.
Partial exams will be planned during the course.

Full arguments

Part I – Statistics for Populations
The population and the variables. Frequency distributions and graphics. Analysis of quantitative variables: the cumulative distribution functions and the quantiles. Measures of the central tendency. Chisini’s average. Measures of absolute and relative variability. Measures of shape. Analysis of qualitative variables: the heterogeneity.
The joint distributions, the marginal and the conditional distributions. The study of the dependence and the Chi square index. The correlation and the decomposition of variance. The linear correlation and the covariance. The regression model. The ordinary least square (OLS) method for the linear model. Analysis of residuals and goodness of fit.
Part II – Elements of Probability and Inference
The random experiments and the probability space. Probability measure on finite sample spaces. Conditional probability and independence. Bayes rule. The random variables and probability distributions. Moments. Some useful probability distributions (discrete: Uniform, Bernoulli, Binomial, Geometric, Poisson; continuous: Rectangular, Exponential, Normal). The inferential paradigm. Parameters, statistics and estimators. Asymptotic statistics: consistency, the Central Limit Theorem and the plug-in principle. The point estimation and the asymptotic confidence intervals for mean, proportion, variance and regression coefficient. Introducing hypothesis testing.

Presentation of statistical methodology for the analysis of one-dimensional and two-dimensional data. Introduction to probability theory and to sample statistics with special attention to inference for large samples.

Reference texts

Lecture notes and exercises are available in the web page of the course at the URL: https://dir.uniupo.it

Teaching targets

The goal of the course is to introduce some basic techniques of univariate and bivariate data analysis and some elements of inferential statistics. The learning process focuses on:
1. definition of concepts by using examples and applications;
2. mastery of technical and formal language;
3. development of data analysis skills and of the ability to comment on and communicate the results.

Prerequisites

Basic elements of mathematics and calculus.

Didattics Methods

Lectures and exercises. Some extra-activities are planned.

Other informations

Some on-line supports are available on the web page of the course.

Grading rules

The evaluation is based on a compulsory written exam and an optional oral exam.The written exam includes:
- theoretical questions whose scope is to verify the knowledge level,
- exercises to verify the abilities in applying the introduced numerical tools,
- structured problems to test abilities in providing coherent comments on the results and communicating them with a proper statistical language.
The oral exam measures the knowledge on the theoretical and formal aspects.Partial exams will be planned during the course.

Full arguments

Part I – Statistics for Populations
The population and the variables. Frequency distributions and graphics. Analysis of quantitative variables: the cumulative distribution functions and the quantiles. Measures of the central tendency. Chisini’s average. Measures of absolute and relative variability. Measures of shape. Analysis of qualitative variables: the heterogeneity.
The joint distributions, the marginal and the conditional distributions. The study of the dependence and the Chi square index. The correlation and the decomposition of variance. The linear correlation and the covariance. The regression model. The ordinary least square (OLS) method for the linear model. Analysis of residuals and goodness of fit.
Part II – Elements of Probability and Inference
The random experiments and the probability space. Probability measure on finite sample spaces. Conditional probability and independence. Bayes rule. The random variables and probability distributions. Moments. Some useful probability distributions (discrete: Uniform, Bernoulli, Binomial, Geometric, Poisson; continuous: Rectangular, Exponential, Normal). The inferential paradigm. Parameters, statistics and estimators. Asymptotic statistics: consistency, the Central Limit Theorem and the plug-in principle. The point estimation and the asymptotic confidence intervals for mean, proportion, variance and regression coefficient. Introducing hypothesis testing.

Statistical methodology for the analysis of one-dimensional and two-dimensional data. Introduction to probability theory and to sample statistics, with special attention to large samples inference.

Reference texts

Lecture notes and exercises are available in the web page of the course at the URL: https://dir.uniupo.it/

Teaching targets

The goal of the course is to introduce some basic techniques of univariate and bivariate data analysis, and some elements of inferential statistics. The learning process focuses on:
1. definition of concepts by using examples and applications;
2. mastery of technical and formal language;
3. development of data analysis skills and of the ability to understanding and communicating the results.

Prerequisites

Basic elements of mathematics and calculus.

Didattics Methods

Lectures and exercises.

Other informations

Some on-line supports are available on the web page of the course.

Grading rules

The evaluation is based on a compulsory written exam including:
- theoretical questions whose scope is to verify the knowledge level,
- exercises to verify the abilities in applying the introduced numerical tools,
- structured problems to test abilities in providing coherent comments on the results and communicating them with a proper statistical language.
The oral exam is optional and measures the knowledge on the theoretical and formal aspects.

Full arguments

Part I – Univariate descriptive statistics
The population and the variables.Frequency distributions and graphics. Analysis of quantitative variables: the cumulative distribution functions and the quantiles. Measures of the central tendency and variability. Measures of shape. Analysis of qualitative variables: the heterogeneity.
Part II – Bivariate descriptive statistics
The joint distributions and the conditional distributions. The study of the dependence. The Chi square index. The correlation and the decomposition of variance. The linear correlation and the covariance. The linear regression. The OLS method. Goodness of fit.
Part III – Elements of Probability and Inference
The random experiments and the probability space. Probability measure on finite sample spaces. Conditional probability and independence. The random variables. Moments. Some useful probability distributions. Linear combination of random variables. The populations and the samples. Asymptotic statistics: consistency, the Central Limit Theorem and the plug-in principle. The point estimation and the asymptotic confidence intervals for mean, proportion, variance and regression coefficient. Introducing hypothesis testing.

1) Knowledge and understanding.
The course’s purpose, throughout the study commercial contracts is to provide students with appropriates instruments to understand and correctly apply the rules of law in each individual case with a critical attitude and an appropriate technical language.
2) Applying knowledge and understanding.
The course’s purpose is to allow the comprehension of scholars’ works and judicial decisions.
3) Making judgments.
The course’s purpose is to provide students the instruments to be able to grasp the main issues of the subject, to apply them to practical cases and to critically analyze the different interpretations of a rule.
4) Communication skills.
The course’s purpose is to provide the student with the ability to rigorously use the legal technical language.
5) Learning skills.
The students will become familiar with the most important pieces of legislation and sources of bibliographic references.

Prerequisites

Proven knowledge of the Civil Law.

Didattics Methods

1. Knowledge and understanding.
Traditional face-to-face lessons and self-study based on teaching materials here suggested or indicated during the course.
2. Applying knowledge and understanding.
Exercises carried out by the Professor during the course.
3. Making judgments.
Students will be stimulated to interpret the rules during face-to-face lessons.
4. Knowledge of technical language – Communication skills.
The meaning of legal terms will be explained during the course.
5. Learning skills.
Starting from the rule of law, doctrinal and case-law developments related to every legal instrument will be analyzed.

Grading rules

Practice exercises and exam simulations might be addressed during the course.
The final exam is oral. Before the oral examination, the students may be required to have passed a written selection.
For the Part III assessment, the exam consists of a (non compulsory) written test at the end of the course, with open or close questions or legal opinions on practical cases.

Full arguments

PART I – COMPANY LAW, I
The enterpreneur (art. 2082 c.c.)
The farmer and the trader
The small enterpreneur
The public enterprise
The beginning and the end of the business activity
The rules about the trader
The company and its selling
The GEIE
The business networks
The distinctive features (general principles)
The company
Company, association, consortia
The ordinary partnership
The partnership type “in nome collettivo”
The partnership type “in accomandita semplice”
PART II – COMPANY LAW, II
The stock company
The company incorporation
The stock company with a sole partner
The assets intended for specific business affairs
The partners contributions
The shares and their trading
The participative financial instruments
The shareholders' meeting
The management and coordination of companies
The directors
The board of internal auditors
The accounting controls
The external audit
The two-tier system and the one-tier system
The balance sheet
The modification of Articles of Association
The bonds
The limited liability companies
The company “in accomandita per azioni”
The dissolution and winding-up of companies
The extraordinary transactions
The cooperative companies (general principles).
PART III – COMMERCIAL CONTRACTS
The sale and purchase agreement
The consignment contract
The supply contract
The distribution agreement
The franchising
The procurement contract and the subcontracting
The contract of carriage
The custodian agreement
The mandate agreement
The agency contract
The mediation
The ordinary current account
The leasing
The factoring
The silent participation contract
The loan agreement

Expected learning objectives

Students are requested to know the fundamental notions of special shares. They are expected to gain a real understanding of general principles of special shares and they will also work to use properly law sources and to acquire a basic legal vocabulary.

1) Knowledge and understanding.
The course’s purpose, throughout the study of enterprises, partnerships and stock companies and commercial contracts is to provide students with appropriates instruments to understand and correctly apply the rules of law in each individual case with a critical attitude and an appropriate technical language.
2) Applying knowledge and understanding.
The course’s purpose is to allow the comprehension of scholars’ works and judicial decisions.
3) Making judgments.
The course’s purpose is to provide students the instruments to be able to grasp the main issues of the subject, to apply them to practical cases and to critically analyze the different interpretations of a rule.
4) Communication skills.
The course’s purpose is to provide the student with the ability to rigorously use the legal technical language.
5) Learning skills.
The students will become familiar with the most important pieces of legislation and sources of bibliographic references.

Prerequisites

Proven and solid knowledge of private and civil law.

Didattics Methods

1. Knowledge and understanding.
Traditional face-to-face lessons and self-study based on teaching materials here suggested or indicated during the course.
2. Applying knowledge and understanding.
Exercises carried out by the Professor during the course.
3. Making judgments.
Students will be stimulated to interpret the rules during face-to-face lessons.
4. Knowledge of technical language – Communication skills.
The meaning of legal terms will be explained during the course.
5. Learning skills.
Starting from the rule of law, doctrinal and case-law developments related to every legal instrument will be analyzed.

Grading rules

Practice exercises and exam simulations might be addressed during the course.
The final exam is oral. Before the oral examination, the students may be required to have passed a written selection.
For the Part III assessment, the exam consists of a (non compulsory) written test at the end of the course, with open or close questions or legal opinions on practical cases.

Full arguments

PART I – COMPANY LAW, I
The enterpreneur (art. 2082 c.c.)
The farmer and the trader
The small enterpreneur
The public enterprise
The beginning and the end of the business activity
The rules about the trader
The company and its selling
The GEIE
The business networks
The distinctive features (general principles)
The company
Company, association, consortia
The ordinary partnership
The partnership type “in nome collettivo”
The partnership type “in accomandita semplice”
PART II – COMPANY LAW, II
The stock company
The company incorporation
The stock company with a sole partner
The assets intended for specific business affairs
The partners contributions
The shares and their trading
The participative financial instruments
The shareholders' meeting
The management and coordination of companies
The directors
The board of internal auditors
The accounting controls
The external audit
The two-tier system and the one-tier system
The balance sheet
The modification of Articles of Association
The bonds
The limited liability companies
The company “in accomandita per azioni”
The dissolution and winding-up of companies
The extraordinary transactions
The cooperative companies (general principles).
PART III – COMMERCIAL CONTRACTS
The sale and purchase agreement
The consignment contract
The supply contract
The distribution agreement
The franchising
The procurement contract and the subcontracting
The contract of carriage
The custodian agreement
The mandate agreement
The agency contract
The mediation
The ordinary current account
The leasing
The factoring
The silent participation contract
The loan agreement

Expected learning objectives

1) Knowledge and ability in learning.
The student acquires ability in learning and in understanding in the field of commercial law, business and society.
2) Competence in applying the acquired knowledge and understanding.
The student is able to implement the knowledge critically learned and in particular gains the ability to use the model investigated, on one hand, with reference to companies and their several models and, on the other hand, with regard to the relations between shareholders, and then in relation to the most general relationships occurring between entrepreneurs.
3) Autonomy of judgments.
The student matures ability to critically evaluate the issues regarding t enterprises and companies' right and acquires a sense of direction in the field.
4) Communicational skills.
The student acquires the ability to understand and address problems associated to the corporate and company world, as well as to showcasing the knowledge learned.
5) Learning ability.
The student acquires the methodological basis of legal research and mature ability to study issues approached during the course.

1) Knowledge and understanding.
The course’s purpose, throughout the study of enterprises, partnerships and stock companies and commercial contracts is to provide students with appropriates instruments to understand and correctly apply the rules of law in each individual case with a critical attitude and an appropriate technical language.
2) Applying knowledge and understanding.
The course’s purpose is to allow the comprehension of scholars’ works and judicial decisions.
3) Making judgments.
The course’s purpose is to provide students the instruments to be able to grasp the main issues of the subject, to apply them to practical cases and to critically analyze the different interpretations of a rule.
4) Communication skills.
The course’s purpose is to provide the student with the ability to rigorously use the legal technical language.
5) Learning skills.
The students will become familiar with the most important pieces of legislation and sources of bibliographic references.

Prerequisites

Proven knowledge of the Civil Law.

Didattics Methods

1. Knowledge and understanding.
Traditional face-to-face lessons and self-study based on teaching materials here suggested or indicated during the course.
2. Applying knowledge and understanding.
Exercises carried out by the Professor during the course.
3. Making judgments.
Students will be stimulated to interpret the rules during face-to-face lessons.
4. Knowledge of technical language – Communication skills.
The meaning of legal terms will be explained during the course.
5. Learning skills.
Starting from the rule of law, doctrinal and case-law developments related to every legal instrument will be analyzed.

Grading rules

Practice exercises and exam simulation.
The exam is oral.
Specifically, the exam consists of questions aimed at verifying the knowledge of the legal insistutes, the ability to apply the knowledge of legal institutes to concrete cases and the ability to critically interpret the rules of law.
Before the oral examination, the students may be required to have passed a written selection.
For the Part III assessment, the exam consists of a (non compulsory) written test at the end of the course, with open or close questions or legal opinions on practical cases.

Full arguments

PART I – COMMERCIAL LAW I
The enterpreneur (art. 2082 c.c.)
The farmer and the trader
The small enterpreneur
The public enterprise
The beginning and the end of the business activity
The rules about the trader
The company and its selling
Il GEIE
The business networks
The distinctive features (general principles)
The company
Company, association, consortia
The ordinary partnership
The partnership “in nome collettivo”
The partnership “in accomandita semplice”
PART II – COMMERCIAL LAW II
The stock company
The deed of partnership
The stock company with a sole partner
The assets intended for specific business affairs
The partners contributions
The shares and their trading
The financial instruments
The shareholders' meeting
The management and coordination of companies
The directors
The board of internal auditors
The accounting controls
The external audit
The two-tier system and the one-tier system
The balance sheet
The modification of the deed of partnership
The bonds
The limited liability companies
The company “in accomandita per azioni”
The dissolution and winding-up of companies
The extraordinary transactions
The cooperative companies (general principles).
PART III – COMMERCIAL CONTRACTS
The sale contract
The consignment contract
The supply contract
The distribution agreement
The franchising
The procurement contract and the subcontracting
The contract of carriage
The custodian agreement
The mandate agreement
The agency contract
The mediation
The ordinary current account
The leasing
The factoring
The silent participation contract
The loan agreement

Expected learning objectives

Students are requested to know the fundamental notions of special shares.
They are expected to gain a real understanding of general principles of special shares and they will also work to use properly law sources and to acquire a basic legal vocabulary.

The course deals with topics related to standard banking and finance undergraduate courses, such as the structure and regulation of the financial system, the organization, structure, and performance of the financial markets and institutions, the typologies and contractual features of the main typologies of financial products and services. The emphasis of the course is both on the theoretical understanding of key concepts and on computational issues related to the different financial instruments.

Reference texts

- Customized book, 2019 edited by Mc Graw-Hill Education. (Chapters
selection from the following books: Nadotti et al. III edition e Saunders et
al. IV edition)
- The instructor will provide other compulsory teaching material by the course official web page at the following link: https://eco.dir.unipmn.it. The login to the web page requires a password. Please contact the instructor to get the password.
- Other suggested reading:
Mishkin, "Financial Markets and Institutions", 7th Edition, Pearson, 2013.
The instructor is willing to indicate a study plan in English for Erasmus and free mover students.

Teaching targets

Knowledge and understanding: the students will acquire the knowledge necessary to understand the features and the development of the financial system, the aims of financial supervision, the role and the economics of financial intermediaries, the characteristics of financial needs and of financial instruments.
Applying knowledge and understanding: the students will acquire the ability to apply knowledge in order to evaluate financial instruments and to satisfy financial needs.
Making judgments: the students will acquire the ability to judge the suitability of the financial system to solve financial problems of the economic system and to choose the instruments to satisfy financial needs.
Communication skills: the students will acquire the ability to use technical language of the financial system.
Learning skills: the students will acquire both theoretical and applied learning skills in order to increase awareness of the problems in financial system and to be able to examine in depth these problems in other courses and in the world of work.

Prerequisites

Students must have passed the exam of following courses: Business Administration.

Didattics Methods

Knowledge and understanding: traditional lessons and self-study based on teaching materials.
Applying knowledge and understanding: exercises carried-out by the teacher during the course and exercises based on previous written exams carried-out by the students (homework).
Making judgments: students will be induced to judge strengths and weaknesses of financial instruments, intermediation models and current Italian financial supervision.
Communication skills: the meaning of the terms used by professionals of the financial system will be explained.
Learning skills: every topic will be discussed beginning from the illustration of the problem and then analyzing the given solution.

Other informations

Class participation is not compulsory.

Grading rules

One compulsory written exam (closed books and closed notes).
The knowledge of the topics of the course will be find out by 1 or 2 multiple-choice questions each evaluated 2 marks and 1 or 2 open questions evaluated up to 10 marks.
Applying knowledge will be find out by 1 or 2 exercises each evaluated up to 10 marks.
Communication skills, making judgments and learning skills will be find out by analyzing the answers to the 1 or 2 open questions cited above.
During the period of teaching all students may sit for a partial test covering the first part of the course contents.

By giving a written exam, students must show:
KNOWLEDGE
To be aware of the major pillars of the financial system (regulation, financial instruments, intermediaries and markets), their functions and operations
COMPETENCES
- To be able to select and evaluate on a comparative basis the financial tools best suited to meet a given financial need.
- To be able to identify the financial institution or segment of capital markets to get access to achieve a given financial goal
TRANSVERSAL SKILLS
- To be able to interconnect among each other’s topics faced in different chapters of the course
- To be able to present a set of clear and structured arguments dealing with the selection and valuation of financial tools
- To know the technical terminology used by professionals and bank managers at both the domestic and the international level
- To be able to read, comprehend and comment technical material from books, financial journals or other source.

The course deals with topics related to standard banking and finance
undergraduate courses, such as the structure and regulation of the
financial system, the organization, structure, and performance of the
financial markets and institutions, the typologies and contractual features
of the main typologies of financial products and services. The emphasis
of the course is both on the theoretical understanding of key concepts
and on computational issues related to the different financial instruments.

1.Knowledge and understanding: the basic knowledge necessary to
understand features and development of financial system and financial
supervision, the role and the economics of financial intermediaries, the
characteristics of financial needs and of financial instruments.
2. Applying knowledge and understanding: the ability to evaluate and
selects the financial instruments best suited for specific financial needs
(payment, investment, fundraising and risk management), by applying
theoretical knowledge.
3. Making judgements: the ability to choose the right instruments to
satisfy financial needs and to judge its risks.
4. Communication skills: the ability to use an appropriate technical
language.
5. Learning skills: the ability to analyze characteristics and risks of
financial instruments and services for future personal or professional
financial needs and to recognize and understand the changes in the
financial systems.

Prerequisites

Students must have passed the exam of following courses: Business
Administration, Accounting.

Didattics Methods

1. knowledge and understanding: face-to-face lessons.
2. applying knowledge and understanding: exercises.
3. making judgements: face-to-face lessons.
4. communication skills: during the course the lecturer applies and
explains terms commonly used in the financial community.
5. learning skills: after theoretical lectures the lecturer provides questions
and exercises that are subsequently illustrated during the course.

Other informations

Class participation is not compulsory.

Grading rules

One compulsory written exam (closed books and closed notes)
constituted of 6 questions (open questions, multiple choice questions and
exercises) with a 60 minutes duration, covering the whole course
program.
During the period of teaching at the end of the course all students may
sit for a partial test covering, respectively, the firs and the second part of
the course contents.
1. knowledge and understanding: by written open questions.
2. applying knowledge and understanding: through exercises.
3. making judgements: by written open questions.
4. communication skills: by written open questions.
5. learning skills: by mid term exams during the course. Self-assesment
tests on the course official web page.

KNOWLEDGE
To be aware of the major pillars of the financial system (regulation,
financial instruments, intermediaries and markets), their functions and
operations.
COMPETENCES
- To be able to select and evaluate on a comparative basis the financial
tools best suited to meet a given financial need.
- To be able to identify the financial institution or segment of capital
markets to get access to achieve a given financial goal.
TRANSVERSAL SKILLS
- To be able to interconnect among each other’s topics faced in different
chapters of the course.
- To be able to present a set of clear and structured arguments dealing
with the selection and valuation of financial tools.
- To know the technical terminology used by professionals and bank
managers at both the domestic and the international level.
- To be able to read, comprehend and comment technical material from
books, financial journals or other source.

The course deals with topics related to standard banking and finance undergraduate courses, such as the structure and regulation of the financial system, the organization, structure, and performance of the financial markets and institutions, the typologies and contractual features of the main typologies of financial products and services. The emphasis of the course is both on the theoretical understanding of key concepts and on computational issues related to the different financial instruments

Reference texts

- Customized book, 2019 edited by Mc Graw-Hill Education. (Chapters selection from the following books: Nadotti et al. III edition e Saunders et al. IV edition)
- The instructors will provide other compulsory teaching material by the course official web page at the following link: https://eco.dir.unipmn.it. The login to the web page requires a password. Please contact the instructors to get the password.
- Other suggested reading:
Mishkin, Eakins, "Financial Markets and Institutions", 8th Edition, Pearson, 2015.
The instructors are willing to indicate a study plan in English for Erasmus and free mover students

Teaching targets

1.Knowledge and understanding: the basic knowledge necessary to understand features and development of financial system and financial supervision, the role and the economics of financial intermediaries, the characteristics of financial needs and of financial instruments
2. Applying knowledge and understanding: the ability to evaluate and selects the financial instruments best suited for specific financial needs (payment, investment, fundraising and risk management), by applying theoretical knowledge
3. Making judgements: the ability to choose the right instruments to satisfy financial needs and to judge its risks
4. Communication skills: the ability to use an appropriate technical language
5. Learning skills: the ability to analyze characteristics and risks of financial instruments and services for future personal or professional financial needs and to recognize and understand the changes in the financial systems

Prerequisites

Students must have passed the exam of following courses: Business Administration, Accountancy

Didattics Methods

1. knowledge and understanding: face-to-face lessons
2. applying knowledge and understanding: exercises
3. making judgements: face-to-face lessons
4. communication skills: during the course the lecturer applies and explains terms commonly used in the financial community
5. learning skills: after theoretical lectures the lecturer provides questions and exercises that are subsequently illustrated during the course.

Other informations

Class participation is not compulsory

Grading rules

One compulsory written exam (closed books and closed notes) constituted of 6 questions (open questions, multiple choice questions and exercises) with a 60 minutes duration, covering the whole course program
During the period of teaching at the end of the course all students may sit for a partial test covering, respectively, the firs and the second part of the course contents
1. knowledge and understanding: by written open questions
2. applying knowledge and understanding: through exercises
3. making judgements: by written open questions
4. communication skills: by written open questions
5. learning skills: by mid term exams during the course. Self-assesment tests on the course official web page.

KNOWLEDGE
To be aware of the major pillars of the financial system (regulation, financial instruments, intermediaries and markets), their functions and operations
COMPETENCES
- To be able to select and evaluate on a comparative basis the financial tools best suited to meet a given financial need.
- To be able to identify the financial institution or segment of capital markets to get access to achieve a given financial goal
TRANSVERSAL SKILLS
- To be able to interconnect among each other’s topics faced in different chapters of the course
- To be able to present a set of clear and structured arguments dealing with the selection and valuation of financial tools
- To know the technical terminology used by professionals and bank managers at both the domestic and the international level
- To be able to read, comprehend and comment technical material from books, financial journals or other source.

The course introduces to business management and provides a basic framework with regard to business management processes. Combining methodologies proper of Business Administration with models and tools borrowed from Managerial Economics, the course places emphasis on the application of these models in practical decision-making problems.
The first part of the course develops the role of business units and their stakeholders. Particular emphasis is given to the goal of value creation and to the measures of firm profitability.
The second part examines the concept of strategy and provides some methodological tools to understand and formulate corporate and business strategies.
The third part of the course conceptualizes, theoretically, the analysis of production and costs.
The fourth and last part presents the study of cost strategies from a practical point of view, using the conceptual aspects discussed above in the context of decision-making and operational problems.

Reference texts

Fraquelli G., “Impresa, mercato e gestione del valore”, Utet, 2006, Chapters. 1, 2, 3, 4.
The textbook is available at the library
Fraquelli G., Ragazzi E., “Economia Manageriale. Problemi e casi pratici”, Utet, 2001, Chapters: I e II.
The textbook is available at the library
Teaching material includes slides, exercises and eventual additional support. All this material is available at the D.I.R. webpage of the course (password: ecogest)

Teaching targets

The course aims to provide students with the tools necessary to understand the issues related to some aspects of managerial decisions, outlining at the same time a way of structuring the analysis functional to problem solving.
The course requires students to develop:
- Knowledge and understanding of the proposed models of strategic and operational analysis
- The ability to apply the analytical models proposed in the context of specific managerial and entrepreneurial decisions problems
- The ability to interpret and make judgments on the consequences of managerial choices on firm performance

Prerequisites

It is recommended the knowledge of basic concepts of Business Administration as well as Microeconomics (production theory, average and marginal productivity, average and marginal cost)

Didattics Methods

Frontal lectures and exercises, oriented to develop a problem-solving approach

Grading rules

The exam is written, with a maximum score of 30/30 cum laude.
The written examination consists of two parts.
The theoretical part (maximum score 15 points) aims at verifying knowledge and understanding of the program. It is composed of both open-ended and closed-ended questions.
The applied part (maximum score 17 points) tests the ability to apply knowledge and making judgments through a problem set, composed of several questions.
The score of the written exam can be integrated with an optional oral examination, according to which the mark can be increased or reduced by a maximum of 3 points. The oral exam is only allowed on the scheduled date. The admission to oral exam is allowed only to students who have obtained in the written exam a mark equal to or greater than 18/30.

Full arguments

Part I: The firm: input, output, relationships among stakeholders and profit.
- The firm as a productive unit: input, output, real and financial aspects.
- The relationship between production value and remuneration of production factors.
- Accounting profit, economic profit and value creation: theory and applied cases.
- The firm as an organizational unit.
- Distribution of information and incentive mechanisms.
Part II: Firms’ strategies.
- Introduction to the concept of strategy
- Tools for defining corporate and business strategies.
- The analysis of the competitive environment and definition of competitive advantage.
- The support of game theory to managerial problems.
Part III: Theoretical analysis of production and costs.
- The relationship between productivity and costs
- Production and combination of different technological processes.
- The economic analysis of costs.
Part IV: Cost analysis for business decision making.
- Criteria for cost classification.
- Cost-volume-revenue analysis.
- Break-even analysis in mono-output and multi-output firms.
- Make or buy decisions.
- Degree of operating leverage: definition, calculation and interpretation.
- Contribution margin and decision analysis.

The course introduces to business management and provides a basic framework with regard to business management processes. Combining methodologies proper of Business Administration with models and tools borrowed from Managerial Economics, the course places emphasis on the application of these models in practical decision-making problems.
The first part of the course develops the role of business units and their stakeholders. Particular emphasis is given to the goal of value creation and to the measures of firm profitability.
The second part examines the concept of strategy and provides some methodological tools to understand and formulate corporate and business strategies.
The third part of the course conceptualizes, theoretically, the analysis of production and costs.
The fourth and last part presents the study of cost strategies from a practical point of view, using the conceptual aspects discussed above in the context of decision-making and operational problems.

Reference texts

Fraquelli G., “Impresa, mercato e gestione del valore”, Utet, 2006, Chapters. 1, 2, 3, 4.
The textbook is available at the library
Fraquelli G., Ragazzi E., “Economia Manageriale. Problemi e casi pratici”, Utet, 2001, Chapters: I e II.
The textbook is available at the library
Teaching material includes slides, exercises and eventual additional support. All this material is available at the D.I.R. webpage of the course (password: ecogest)

Teaching targets

The course aims to provide students with the tools necessary to understand the issues related to some aspects of managerial decisions, outlining at the same time a way of structuring the analysis functional to problem solving.

Prerequisites

It is recommended the knowledge of basic concepts of Business Administration as well as Microeconomics (production theory, average and marginal productivity, average and marginal cost)

Didattics Methods

Frontal lectures and exercises, oriented to develop a problem-solving approach

Grading rules

The exam is written, with a maximum score of 30/30 cum laude.
The written examination consists of two parts.
The theoretical part (maximum score 15 points) aims at verifying knowledge and understanding of the program. It is composed of both open-ended and closed-ended questions.
The applied part (maximum score 17 points) tests the ability to apply knowledge and making judgments through a problem set, composed of several questions.
The score of the written exam can be integrated with an optional oral examination, according to which the mark can be increased or reduced by a maximum of 3 points. The oral exam is only allowed on the scheduled date. The admission to oral exam is allowed only to students who have obtained in the written exam a mark equal to or greater than 18/30.

Full arguments

Part I: The firm: input, output, relationships among stakeholders and profit.
- The firm as a productive unit: input, output, real and financial aspects.
- The relationship between production value and remuneration of production factors.
- Accounting profit, economic profit and value creation: theory and applied cases.
- The firm as an organizational unit.
- Distribution of information and incentive mechanisms.
Part II: Firms’ strategies.
- Introduction to the concept of strategy
- Tools for defining corporate and business strategies.
- The analysis of the competitive environment and definition of competitive advantage.
- The support of game theory to managerial problems.
Part III: Theoretical analysis of production and costs.
- The relationship between productivity and costs
- Production and combination of different technological processes.
- The economic analysis of costs.
Part IV: Cost analysis for business decision making.
- Criteria for cost classification.
- Cost-volume-revenue analysis.
- Break-even analysis in mono-output and multi-output firms.
- Make or buy decisions.
- Degree of operating leverage: definition, calculation and interpretation.
- Contribution margin and decision analysis.

Expected learning objectives

- Knowledge and understanding of the proposed models of strategic and operational analysis
- Ability to apply the analytical models proposed in the context of specific managerial and entrepreneurial decisions problems
- Ability to interpret and make judgments on the consequences of managerial choices on firm performance

M. D’Amico, G. Fusai e G. Longo, Dispense di Calcolo Finanziario, Algebra Lineare e Ottimizzazione, 2015, available on the the web page of the course.
F. Privileggi, Matematica per l’Economia. Gruppo editoriale Esselibri – Simone, 2008.
S. Margarita - E. Salinelli, MultiMath: Matematica Multimediale per l’Università, Springer, 2004.
The above mentioned books are available in the library.
Additional reading materials, past exams and further informations can be found on the web page of the course at the URL:
https://eco.dir.unipmn.it/

Teaching targets

The course is aimed to give a basic knowledge of finacial calculus for making economic and financial decisions, of linear algebra for being able to analyze multidimensional problems and of optimization which is fundamental in many aspects of a company life as well as in theoretical models.

Prerequisites

Students have to pass Mathematical Methods 1. Also for giving the partial exams of these course.

Didattics Methods

Lectures including both theory and exercises.
The detailed references for the program of the lectures and the exercises are published on the course web page (www.dir.uniupo.it)

Other informations

Additional information will be made available during the course on the course web page (www.dir.uniupo.it).
Attendance of the course lessons is strongly recommended.

Grading rules

Written exam as follows:
1. open questions, to test comprehension and ability to use the principal basic concepts exposed during the lessons.
2. two longer exercises, possibly theoretical, not compulsory to test the comprehension of the more advanced topics, and the skill of applying the acquired knowledges in order to analyse more complex and structured problems. Admission to this part requires to pass the preliminary test.
3. Oral examination, not compulsory. Questions in order to test the comprehension and the critical skill acquired about the various topics treated.
Through the questions, the autonomous reasoning level of the student is also verified.
Further informations can be found on the web page of the course on the course web page (www.dir.uniupo.it).

Full arguments

First module: Financial Calculus. Present and final value. Amortization, leasing and fixed and floating rate mortgages. The term structure of interest rates. Pricing of discount and coupon bond. How to price defaultable bonds. Financial choices: the net present value rule and its improvements. Case Studies in economics and finance.
Second module: Linear Algebra. Vectors and Matrices and their operations (sum, product, trans position, inner product, inversion). Linear independence. Ranl. Elementary operations and the solution of linear system (Gaussian pivoting). The Rouché-Capelli Theorme. Case Studies in economics and finance.
Third module: Optimization. Multivariable functions and their representations (graphs and contour levels). Maximum and minimum points (local and global) and how to find them. Weierstrass Theorem. Differential calculus, gradient and Hessian and necessary and sufficient conditions for a non linear programming. Constrained optimization. Linear programming. Case Studies in economics and finance.

M. D’Amico, G. Fusai e G. Longo, Dispense di Calcolo Finanziario, Algebra Lineare e Ottimizzazione, 2015, available on the the web page of the course.
F. Privileggi, Matematica per l’Economia. Gruppo editoriale Esselibri – Simone, 2008.
S. Margarita - E. Salinelli, MultiMath: Matematica Multimediale per l’Università, Springer, 2004.
The above mentioned books are available in the library.
Additional reading materials, past exams and further informations can be found on the web page of the course at the URL:
https://eco.dir.unipmn.it/

Teaching targets

The course is aimed to give a basic knowledge of finacial calculus for making economic and financial decisions, of linear algebra for being able to analyze multidimensional problems and of optimization which is fundamental in many aspects of a company life as well as in theoretical models.

Prerequisites

Students have to pass Mathematical Methods 1. Also for giving the partial exams of these course.

Didattics Methods

Lectures including both theory and exercises.
The detailed references for the program of the lectures and the exercises are published on the course web page (www.dir.uniupo.it)

Other informations

Additional information will be made available during the course on the course web page (www.dir.uniupo.it).
Attendance of the course lessons is strongly recommended.

Grading rules

Written exam as follows:
1. open questions, to test comprehension and ability to use the principal basic concepts exposed during the lessons.
2. two longer exercises, possibly theoretical, not compulsory to test the comprehension of the more advanced topics, and the skill of applying the acquired knowledges in order to analyse more complex and structured problems. Admission to this part requires to pass the preliminary test.
3. Oral examination, not compulsory. Questions in order to test the comprehension and the critical skill acquired about the various topics treated.
Through the questions, the autonomous reasoning level of the student is also verified.
Further informations can be found on the web page of the course on the course web page (www.dir.uniupo.it).

Full arguments

First module: Financial Calculus. Present and final value. Amortization, leasing and fixed and floating rate mortgages. The term structure of interest rates. Pricing of discount and coupon bond. How to price defaultable bonds. Financial choices: the net present value rule and its improvements. Case Studies in economics and finance.
Second module: Linear Algebra. Vectors and Matrices and their operations (sum, product, trans position, inner product, inversion). Linear independence. Ranl. Elementary operations and the solution of linear system (Gaussian pivoting). The Rouché-Capelli Theorme. Case Studies in economics and finance.
Third module: Optimization. Multivariable functions and their representations (graphs and contour levels). Maximum and minimum points (local and global) and how to find them. Weierstrass Theorem. Differential calculus, gradient and Hessian and necessary and sufficient conditions for a non linear programming. Constrained optimization. Linear programming. Case Studies in economics and finance.

1 - a full comprehension of the basic mathematical results regarding the course contents;
2 - being able to choose and use the right tool for solving simple problems related to the course programme;
3 - being able to adapt the instruments to the occurring variants;
4 - being able to adequately and rigorously communicate the logic steps of a problem resolution.

Prerequisites

The course Metodi matematici 1 has to be passed.

Didattics Methods

Lectures and tutorials.

Other informations

On the course's page on the website www.dir.uniupo.it all the infos related to the course can be found as well as supplementary didactict resources.
Past exams with solutions are available for downloading.

Grading rules

A mandatory written exam, a second optional written exam and an optional oral exam.
Written part (mandatory):
- 12 short exercise for verifying the knowledge and the comprehension of the course contents as well as the ability to apply these knowledge to problems solving.
Written part (optional):
3 more structured exercise and theoretical questions on theorems regarding the 3 different parto of the programme for verifying the ability to autonomly select the best tools for solving problems and the ability to rigorously communicate the logical steps of the work.
Oral part (optional):
- questions on the course content in order to verify the ability of autonomous analysis and the communication skills.
- analysis of situations which differ from the classical ones in order to verify the ability of learning.
At any time the professor can do, if the situation requires it, an extra evaluation, written or oral.

This course focuses on the identification, gathering and interpretation of information for planning, controlling and evaluating the business performance. The course aims to analyze managerial accounting tools and systems through both process and job order costing.
Additional managerial control topics include the following: cost behavior, cost-volume-profit analysis, budgeting and standard cost systems, decentralized operations and product pricing, managerial reporting and performance measurement.

This course focuses on the identification, gathering and interpretation of information for planning, controlling and evaluating the business performance; at the end of the course, students will be able to manage these systems ion different contexts.
More specifically, the course objectives are: a) to learn knowledge on managerial control systems;
b) to develop competencies on the use of acquired knowledge on managerial control systems;
c) to develop competencies on understanding how to use managerial control systems in different contexts.

Prerequisites

Business administration

Didattics Methods

Different teaching tools will be used:
a) traditional lessons in class where the lecturers will present problems, solutions and tools for managerial problems;
b) case studies and exercises, where the theories are presented in real business situations.
c) guest speeches made by controllers of relevant companies
Class attendance is recommended, but it is not mandatory.

Other informations

None

Grading rules

For both attending and non-attending students, the exam consists of a written exam with exercises (to test the methods' application) and open questions (to test the comprehension of managerial control mechanisms).
The course programme, organization, teaching materials and exam are exactly the same for both courses A and B.

Full arguments

Main topics are as follows:
1. Introduction to management accounting and control
2. Comparison between managerial accounting and financial accounting
3. Full costing and direct costing
4. Standard costs and variances
5. CVP relationships, break-even point using the contribution-margin and equation approach
6. The differential analysis and short term decisions
6. Budgeting: structure, types of budgets and quantitative elements
7. Budgeting: organizational aspects
8. Managerial reporting and performance measurement
- Segment analysis
- Full costing and direct costing: a comparison between different types of profit and loss structures
- Effectiveness variances
- Non financial reporting: KPIs and the balanced scorecard.

Expected learning objectives

After having attended the course, students will be able to:
1) understand the different managerial control mechanisms and their role
2) design and use autonomously and critically managerial control mechanisms, tools and methods
4) apply critically principles, tools, methods and mechanisms to different firm contexts

This course focuses on the identification, gathering and interpretation of information for planning, controlling and evaluating the business performance. The course aims to analyze managerial accounting tools and systems through both process and job order costing.
Additional managerial accounting topics include the following: cost behavior, cost-volume-profit analysis, budgeting and standard cost systems, decentralized operations and product pricing, managerial reporting and performance measurement.

This course focuses on the identification, gathering and interpretation of information for planning, controlling and evaluating the business performance; at the end of the course, students will be able to manage these systems ion different contexts. More specifically, the course objetcives are: a) to learn knowledge on managerial control systems; b) to develop competencies on the use of acquired knowledge on managerial control systems; c) to develop competencies on understanding how to use managerial control systems in different contexts.

Prerequisites

Business administration

Didattics Methods

Different teaching tools will be used:
a) traditional lessons in class where the lecturers will present problems, solutions and tools for managerial problems;
b) case studies and exercises, where the theories are presented in real business situations.
Class attendance is recommended, but it is not mandatory.

Other informations

None

Grading rules

Written final exam with exercises (to test the methods' application) and questions (multiple choice or open - to test the comprehension of managerial control mechanisms)

This course aims at analyzing the economic systems, the role played by the State and the associated problems. It consists of two modules. In the module on Economic Policy the main models for the analysis of the functioning of the economy are presented. We analysed economic policy for economic growth, the importance of expectations to explain the economic crisis, monetary policy and inflation, fiscal policy and public debt, the significance of the exchange rate in an open economy.

The aim of the course is to provide students with the necessary tools for the analysis of how government intervention inflicts the economy. With passing the exam, the student will be able to understand the effects of economic policy on market outcomes.

Prerequisites

Economics. For students who choose Economic Policy as an elective, Mathematical Methods 1.

Didattics Methods

This is an integrated course over two terms separated in two modules. The course consists of lectures, discussions and exercise classes.

Other informations

For non Italian speaking students texts in English will be suggested upon request.

Grading rules

The exam is written and consists of two parts, one for each module, 45 min. each. The exam is passed with a grade of not less than 18 and if in both parts have a grade of not less than 15. The final grade is the average of the marks obtained in the two parts, rounded up. To take the exam you must register by the third to last working day prior to the date of the test. Each student can take the exam for a maximum of three times in the course of a calendar year.

Full arguments

Economic Growth policy Stylized Facts; The Solow growth model; Technical Progress; The relationship between short, medium and long run EXPECTATIONS Prices; Basic notions; Fisher equation; Financial markets and expectations; Expectations, consumption and investment; Uncertainty INFLATION AND MONETARY POLICY Cost of inflation; Hyperinflation; Monetary Policy; Transmission mechanisms; Monetary Policy: rules and constraints DEBT AND FISCAL POLICY Public deficit and debt ; The determinants of public debt; Public debt sustainability THE OPEN ECONOMY The IS-LM model in the open economy; Economic policy in the open economy; Exchange rate regimes EUROPEAN ECONOMIC POLICY European institutions; The economic and monetary union; The euro

The course of Economic Policy and Public Finance aims at analyzing the economic systems, the role played by the State and the associated problems. It consists of two modules.
The module of Public Finance aims at illustrating the role of the State both in principle and in practice. The focus is on the various tax and spending programs used to achieve the State economic goals. The course includes also some study of State and Local governments and fiscal federalism.
.

Reference texts

o R. Artoni, Elementi di Scienza delle Finanze, Ed. Il Mulino, last ed., chapters 1, 2, 3, 4, 5, 8, 9, 11.6, 12.
Further information can be found on the DIR page of the course
https://www.dir.uniupo.it/course/view.php?id=7420
For non Italian speaking students texts in English will be suggested upon request.

Teaching targets

The aim of the course of Economic Policy and Public Finance is to provide students with the necessary tools for the analysis of how government intervention affects the economy.
In particular, the modlue of Public Finance has the following educational objectives :
- KNOWLEDGE AND UNDERSTANDING: basics of the Italian tax system ; theoretical issues underlying the main taxes ; theoretical reasons underlying public intervention ; government's intervention modes in social security and health care systems.
- ABILITY TO APPLY KNOWLEDGE AND UNDERSTANDING : ability to assess the main direct and indirect taxes levied in Italy ; ability to assess the impact of tax changes ; ability to understand the effects of pension and healthcare reforms on the economic system.

Prerequisites

Economics.

Didattics Methods

The course of Economic Policy and Public Finance is an integrated course over two terms separated in two modules.
The course consists of lectures, exercise classes and possibly testimonials and seminars

Other informations

The first module (Public Finance) will be taught in the first semester (September-December),
the secondo module (Economic Policy) in the second semester
(February-May), according to the academic timetable

Grading rules

The exam of Economic Policy and Public Finance is written and consists of two parts, one for each module, 45 min. each. The exam is passed with a grade of not less than 18 and if in both parts have a grade of not less than 15. The final grade is the average of the marks obtained in the two parts, rounded up.
Each student can take the exam for a maximum of three times in the course of a calendar year.

Full arguments

Module of Public Finance
1. INTRODUCTION
o The Public Sector: role and definitions
o Public expenditures and public revenues
o Taxation: definitions and classifications
o Tax progressivity
2. PERSONAL INCOME TAXES
o Generalities
o Outline of the Italian income tax (IRPEF)
o Principles behind the Italian income tax
o The design of the income tax (types of incomes, individual or household income)
3. CORPORATE TAXES
o Generalities
o Outline of the Italian corporate tax (IRES)
o The link between personal income and corporate taxes
o The incidence of the corporation income tax and its effect on efficiency
4. CAPITAL INCOME TAXES
o Generalities
o The special treatment of capital income
o International capital taxation
5. TAXES ON CONSUMPTION
o Generalities
o General taxes on transactions and value-added taxes
o Types of taxable transactions
o Taxes on international transactions
6. THE HEALTHCARE SYSTEM
o Rationale for a role of government in the health care sector
o Private health insurances and failures
o Public health insurance
o A comparison among healthcare systems (US, UK and Italy)
7. THE PENSION SYSTEM
o Rationale for a role of government in the pension system
o Pay-as-you-go versus funded pension schemes
o Effects on savings
o Pension systems risks
o The Italian pension system and the recent reforms
8. LOCAL TAXES AND EXPENDITURES
o Rationale for decentralization
o Financing local authorities
o Transfers to local authorities in Italy
o Redistribution and fiscal federalism
9. THE BUDGETARY PROCESS AND THE EVOLUTION OF THE PUBLIC FINANCE
o The budget law
o The budgetary process in Italy
o The Internal Stability Pact

Expected learning objectives

At the end of the course, the student is expected to:
- know the characteristics of the main taxes (both direct and indirect) of the Italian tax system;
- understand the economic effects of taxation (progressivity, equity, neutrality, tax competition, etc.);
- understand the reasons for public intervention
- understand the characteristics of the health and pension systems and the problems related to the provision of these services;
- understand the reasons for the fiscal decentralization and local taxation;
- be able to critically assess the changes in the tax legislation and/or in the functioning of the health and pension systems.

The course of Economic Policy and Public Finance aims at analyzing the economic systems, the role played by the State and the associated problems. It consists of two modules.
The module of Public Finance aims at illustrating the role of the State both in principle and in practice. The focus is on the various tax and spending programs used to achieve the State economic goals. The course includes also some study of State and Local governments and fiscal federalism.

Reference texts

- R. Artoni, Elementi di Scienza delle Finanze, Ed. Il Mulino, last ed., chapters 1, 2, 3, 4, 5, 8, 9, 11.6, 12.
- Further information can be found on the DIR page of the course
https://www.dir.uniupo.it/course/view.php?id=7420
For non Italian speaking students texts in English will be suggested upon request.

Teaching targets

The aim of the course of Economic Policy and Public Finance is to provide students with the necessary tools for the analysis of how government intervention affects the economy.
In particular, the modlue of Public Finance has the following educational objectives :
- KNOWLEDGE AND UNDERSTANDING: basics of the Italian tax system ; theoretical issues underlying the main taxes ; theoretical reasons underlying public intervention ; government's intervention modes in social security and health care systems.
- ABILITY TO APPLY KNOWLEDGE AND UNDERSTANDING : ability to assess the main direct and indirect taxes levied in Italy ; ability to assess the impact of tax changes ; ability to understand the effects of pension and healthcare reforms on the economic system.

Prerequisites

Economics.

Didattics Methods

The course of Economic Policy and Public Finance is an integrated course over two terms separated in two modules.
The course consists of lectures, exercise classes and possibly testimonials and seminars

Other informations

The first module (Public Finance) will be taught in the first semester (September-December), the secondo module (Economic Policy) in the second semester (February-May), according to the academic timetable.

Grading rules

The exam of Economic Policy and Public Finance is written and consists of two parts, one for each module, 45 min. each. The exam is passed with a grade of not less than 18 and if in both parts have a grade of not less than 15. The final grade is the average of the marks obtained in the two parts, rounded up.
Each student can take the exam for a maximum of three times in the course of a calendar year.

Full arguments

Module of Public Finance
1. INTRODUCTION
o The Public Sector: role and definitions
o Public expenditures and public revenues
o Taxation: definitions and classifications
o Tax progressivity
2. PERSONAL INCOME TAXES
o Generalities
o Outline of the Italian income tax (IRPEF)
o Principles behind the Italian income tax
o The design of the income tax (types of incomes, individual or household income)
3. CORPORATE TAXES
o Generalities
o Outline of the Italian corporate tax (IRES)
o The link between personal income and corporate taxes
o The incidence of the corporation income tax and its effect on efficiency
4. CAPITAL INCOME TAXES
o Generalities
o The special treatment of capital income
o International capital taxation
5. TAXES ON CONSUMPTION
o Generalities
o General taxes on transactions and value-added taxes
o Types of taxable transactions
o Taxes on international transactions
6. THE HEALTHCARE SYSTEM
o Rationale for a role of government in the health care sector
o Private health insurances and failures
o Public health insurance
o A comparison among healthcare systems (US, UK and Italy)
7. THE PENSION SYSTEM
o Rationale for a role of government in the pension system
o Pay-as-you-go versus funded pension schemes
o Effects on savings
o Pension systems risks
o The Italian pension system and the recent reforms
8. LOCAL TAXES AND EXPENDITURES
o Rationale for decentralization
o Financing local authorities
o Transfers to local authorities in Italy
o Redistribution and fiscal federalism
9. THE BUDGETARY PROCESS AND THE EVOLUTION OF THE PUBLIC FINANCE
o The budget law
o The budgetary process in Italy
o The Internal Stability Pact

Expected learning objectives

At the end of the course, the student is expected to:
- know the characteristics of the main taxes (both direct and indirect) of the Italian tax system;
- understand the economic effects of taxation (progressivity, equity, neutrality, tax competition, etc.);
- understand the reasons for public intervention
- understand the characteristics of the health and pension systems and the problems related to the provision of these services;
- understand the reasons for the fiscal decentralization and local taxation;
- be able to critically assess the changes in the tax legislation and/or in the functioning of the health and pension systems.

The classical theory: long-term economics The theory of growth: very long-term economics The theory of economic cycles: short-term economics The debate on macroeconomic policy Microeconomics for macroeconomics

Reference texts

N.G. MANKIW, Macroeconomia

Teaching targets

Provide a good knowledge and mastery of macroeconomic theory

Prerequisites

None

Didattics Methods

Lectures and exercises

Other informations

Teaching materials available on the course web page. Every week we put the material on the topics covered during the same week: lectures, explanations on the most difficult passages or not investigated by the text. They are also assigned exercises to do and make it available on the web site solutions.

Macroeconomics as a science. The data of macroeconomics. National income: where it comes from and where it goes. Money and inflation. The open economy. Unemployment. Economic growth, I. Economic growth,

The course aims at introducing the students to major issues of public economics and public finance, starting from the justifications and the limits of State intervention in modern economic systems (market failures). The course then addresses the study of public revenues and public spending, both in terms of theoretical analysis and with reference to the Italian institutional context.

1) Knowledge and understanding ability.
Understanding the motivations and the main activities carried out by the public sector in modern economic systems.
2) Capability to apply knowledge and understanding
Being able to apply the theories developed by public economics to understand how the public sector operates in the real world.
3) Capability to approach the subject in a critical manner
Use of economic analysis to discriminate between alternative models that help interpret the empirical evidence on public sector and public finance observed in different contexts.
4) Communication abilities
Being able to understand the impact in terms of efficiency and equity of government economic policy in a particular country.
5) Learning ability
Knowing the relevant literature on economic analysis of public sector and main public finance statistics in Italy and Europe.

Prerequisites

Students must have passed the exam of Economics (Economia Politica).

Didattics Methods

Lectures with frequent interactions between teacher and students.
Course attendance is optional but strongly recommended.

Grading rules

The exam is written. Students are required to answer 10 multiple choice questions and 4 open questions. Time: 1 hour. It is possible to seat for this exam up to three times per academic year.

Full arguments

The course emphasizes how micro-and macro-economic theories analyzed in other courses are used for the definition of economic policy interventions concerning revenues, expenditure and market regulation. Particular emphasis is placed on the importance of the institutional aspects.
The program is divided into four parts:
1) the justifications and the limits of public intervention (asymmetric information, externalities, public goods, imperfect competition);
2) the public administration and the public finance in Italy;
3) the economic analysis of government revenues, in particular, taxation and the Italian tax system;
4) the economic analysis of public expenditure, in particular the government intervention for the Welfare State.

Expected learning objectives

Being able to apply the theories developed by public economics to understand how the public sector operates in the real world.

Knowledge and understanding
At the end of the course the students will be able to represent a firm’s operations in the accounting records, to prepare the financial statements and to interpret the various components of financial statements.
Applying knowledge and understanding
At the end of the course student will be able to do record the basic business transactions, to prepare the annual financial statements and to analyse and interpret the financial statements.
Making judgements
The course allows students to approach the issues in a critical way as regard the business operations and the linked results reported in balance sheet.
Communication skills
Based on the knowledge gained, the student will develop communication and relational skills, for business consulting and other job positions linked to the accounting function.
Learning skills
The learning process will allow the student to understand the business dynamics in a unified and coordinated vision, in order to know the connected dynamics that generate the accounting results.

Prerequisites

The grade can be registered only after passing the examination of Business Administration.

Didattics Methods

The course includes a total commitment of 75 classroom hours (frontal lectures and exercises), equivalent to 10 credits.

Other informations

The attendance is optional but recommended

Grading rules

The examination can be done by two ways:
- Partial exams.
The student has the opportunity to do two partial exams.
The student can access the second partial exam only if he has passed the first test with a mark of at least 18/30.
- General exam.
The student who fails one of the two intermediate exams or who chooses the general examination, must pass a written test, concerning the full course program.
Student who pass the written examination with a mark of at least 18/30 will have access to the oral test, subject to revocation, in one of appeals of the same session which supported the written examination.

Full arguments

Aim of the course is to provide students the skills necessary to elaborate the following subjects:
- consolidation of methodological expertise acquired during the course of Business Administration (considered a prerequisite) for the detection of accounting processes;
- preparation of financial statements in accordance with economic logic;
- development of good evaluation capacity of balance sheet items in accordance with economic principles, the legal framework and tax laws;
- determining taxable income and taxes;
- preparation of cash flow statement;
- analysis of the economic and financial situation through the interpretation of financial ratios.

The course provides the basic knowledge that are preparatory to the analysis and interpretation of the markets. For this aim are analysed the current system of global production organization, the importance of territorial factors in the definition of entrepreneurial dynamics, characteristics of the main international markets, the role of multinational companies, some markets as case study, some countries particularly significant.

The course aims to provide students with the basic knowledge to analyse markets through the contribution arising from the firms localization decisions.
At the end of the course the student:
- will understand the current global system of production;
- will be able to analyse the characteristics of main international markets;
- will know the importance of local factors in the definition of business dynamics;
- will evaluate and select possible alternative locations of enterprise;
- will evaluate and select potential markets of entry and how.

Prerequisites

None

Didattics Methods

The teaching will be conducted through lectures, held by the teacher or by experts, and through exercises and group discussions.

Grading rules

The examination consists of a written test on the texts mentioned above and provides insights on the topics covered in class.

Full arguments

The course is divided into lessons of two hours, whose contents are listed below:
• The world system
• Globalization
• International trade
• The forms of economic integration
• Freight and Transport
• Global Production and Logistics
• Internationalization and relocation
• Multinational and transnational corporations
• Financial flows and foreign direct investments
• The criteria for analysing localization in foreign markets
• Some useful indexes for market analysis
• Multinational corporations: cases and strategies
• The agri-business chain
• Country cases and investment opportunities: Germany, South Korea

Organization System
The role of strategic
Direction in organization design
Dimensions of organization design
Fundamentals of organization structure
Process Management
Planning and Control
Systems Information
Systems and Human Resource Policies

Reference texts

Candiotto R. (a cura di), Organizzazione Aziendale, Giappichelli, 2016
Further information can be found in the web page of the course

Teaching targets

1. Knowledge and understanding: The course aims at providing tools:
- to understand how managers can utilize the principle of organization theory to design and change their organizations to achieve the basic goals of the firm and to increase organizational effectiveness
- to appreciate the way in which several contingency factors influence the design of organizations
- to comprehend how to use the key elements of organization design to create effective organizations
- to recognize the influence of culture on members ' behaviour.2. Applying knowledge and understanding: the students will acquire the ability to apply knowledge in order to analyze the organizational structures. 3. Making judgments: the students will be able to apply the knowledge acquired, on both a theoretical and an operational basis, in order to make autonomous judgements about organizational effectiveness and human resource management.4. Communication skills: the students will acquire the ability to use the technical language in order to clearly communicate with both specialized and non-specialized interlocutors.5. Learning skills: the students will become familiar with the most important information sources and databases.

Prerequisites

Students can effectively attend lessons with an appropriate knowledge of Business Administration principles.

Didattics Methods

Different teaching tools will be used:
- traditional lessons in class;
- case studeis, where the theories are presented in real businees situations;
- guest speakers.
The course is interactive.In particular: 1. Knowledge and understanding: traditional face-to-face lessons and self-study based on teaching materials. 2. Applying knowledge and understanding: exercises carried-out by the teacher during the course. 3. Making judgments: students will be stimulated to judge the strengths and weaknesses of the organizational instruments. 4. Communication skills: the meaning of the terms used will be explained. 5. Learning skills: every topic will be discussed beginning from the illustration of the problem and then analyzing the various possible solution.

Other informations

Course attendance is facultative.

Grading rules

Written Test (60minutes; 4 open-questions)1 knowledge and understanding: by written open questions. 2. applying knowledge and understanding: through exercise. 3. making judgements: by written open questions. 4. communication skills: by written open questions. 5. learning skills: through exercises

1. Applying knowledge and understanding. The knowledge acquired during the course will allow the student to use the organizational skills and competences to be applied in the business cases. In particular, the student must acquire the business language of the company disciplines and be able to formulate the organizational analysis of the company processes. 2. Making judgments. The course will allow the student to develop an autonomy of judgment and will put the student in the conditions to express considerations regarding the organization and human resource management. 3. Communication skills. On the basis of the acquired knowledge, the student will be able to develop communication and relational skills for the business consulting activity and to perform evaluations. 4. Learning skills. The study of the discipline will allow the student to understand the dynamics of the company framing the analysis of the single business unity in a coordinated vision of the business facts and the economic environment in which the company carries out its activity

The course aims at explaining the general framework of international contracting in the global market, both at the European and the international level. After introducing the basic concepts, the main actors and the legal sources of international trade, the course will provide students with a general knowledge of international contracts (negotiation, drafting and performance issues), especially focusing on the current practices, case law and arbitral awards. The final part of the course considers important aspects of international litigation and alternative dispute resolution.

A broad and depth knowledge of main rules governing international contracts and acquisition of a dynamic comparative methodology in order to correctly analyze the performance of an international contract in different legal systems in the world

Didattics Methods

Lectures and tutorial, with visual and power point systems.
During the course attending students will form working groups. Each group will choose a topic for the paper. There are two types of suggested topics: 1) case studies on specific examples of international business schemes; 2) judgements or arbitral awards on international disputes.
Each student shall write at least three pages of the paper. Individual contributions for each section of the paper shall be clearly mentioned in a footnote at the beginning of the paper.
The papers have to be delivered to the Professor via e-mail no later than the half of November. They shall be discussed in front of the classroom, and they shall contribute to the final evaluation.

Other informations

Not mandatory, but higly suggested attendancy

Grading rules

Both written and oral examinations

Full arguments

IThe first part of the course shall concern the following topics: Introduction to Comparative Law. Main legal systems in the World. The legal framework for international business transactions. The Civil Law and Common Law traditions compared. Modernization process in East Asian Legal Systems and legal reform in Developing Countries.
Then, referring to International Contract Law, the following subject shall be explained and discussed during lectures: national and international contracts, the role of Uncitral, International Chamber of Commerce, WTO, WIPO, Unctad and International Trade Center in developing International contracts legal framework. The choice of law and jurisdiction in international contracts. International arbitration: rules and procedures. Other alternative dispute resolution remedies. Negotiation, drafting and performance of international contracts. International commercial agency, franchising and other single international contracts regulations.

Expected learning objectives

Students, at the end of the course, should be able to identify the rules applicable to international contracts, having regards to both their origin (national, supranational or private) and their binding or non-binding character. Besides students should be able to understand the factors to be taken into account to choose the best legal structure for a specific international contract, to identify the main factors to be taken into account when interpreting an international contract and to identify, for a specific transaction and its regulation, the legal consequences in terms of allocation of risks among the parties, allocation of rights and obligations, distribution of profits. Finally students should also be able to assess the comparative efficiency of alternative models of commercial transactions, given their regulation, and to understand benefits and costs of alternative techniques of dispute resolution

Meaning and goals of comparative law.
Western legal tradition: civil law and common law
Short introduction to Islamic law and to legal traditions of Asia and Africa.
The problems of legal translation.
Introduction to contract in common law.
International sale law.

The object of the course is the analysis of the legal framework of corporate crisis.
They will be analyzed, in particular, the following aspects: the declaration of bankruptcy and the failure of the company; the bodies of bankruptcy proceedings; the effects of bankruptcy and the verification of claims; the administration, liquidation and division of 'active; the termination of the bankruptcy and the bankruptcy agreement; the courts, restructuring agreements and action plans; the compulsory liquidation; the special administration of large insolvent firms.

The course will cover the basic rules governing bankruptcy law.
The course aims to provide students with the tools necessary for a correct interpretation of the rules.

Prerequisites

Commercial law

Didattics Methods

In class lectures.
Students are encouraged to attend the whole course.

Grading rules

Oral examination. The grades will be based on the knowledge of general principles of bankruptcy law and on the familiarity with legal language.

Full arguments

Course lectures, after a general premise on the crisis of the firm and on juridical instuments for the agreed solution of insolvency, will focus mainly on the study and illustration of bankruptcy, of preventive agreement and restructuring agreements (with due attention to decree 155/2017).
In particular, the following points will be developed:
1) The subjective and objective pre-supposition for the declaration of bankruptcy, with reference to individual commercial firms and collective commercial firms;
2) Procedure for the declaration of bankruptcy; the declaratory sentence and the means of opposition to it;
3) Proposed organs for the development of bankruptcy procedure;
4) The effects of bankruptcy for the debtor;
5) The effects of bankruptcy for the creditors;
6) The effects of bankruptcy on prejudicial acts to creditors;
7) The effects of bankruptcy on pending juridical relations;
8) Procedure for assessment of deficit;
9) Administration and liquidation of bankruptcy assets;
10) Closing of bankruptcy and bankruptcy agreement.

Expected learning objectives

Students are requested to know the fundamental notions of bankruptcy law. They will gain a real understanding of the rules governing bankruptcy law and they will also work to acquire a basic legal vocabulary.

The course is about the history and the main features of European private law.

Reference texts

For attendants, lecture notes and materials provided during the lessons
For non attendants,
G. Tesauro, Diritto dell’Unione europea, Cedam, u.e., ad esclusione dei capitolo VII e VIII This book is available in the library
G. Benacchio, Diritto privato dell’Unione Europea. Fonti, modelli e regole, Cedam, u.e. The book is available in the library

Teaching targets

The final goal is to acquire the understanding about the drafting of European law, its impact assessment and how the national sectoral fields are affected by EU interventions

The course mainly consists of two parts: a general one, where attention will be dedicated to general definitions, principles, structure of tax, dynamics of tax and, finally, to tax ligitation and judicial protection. The second part will be dedicated to the analysis of direct and indirect taxes levied within the current Italian tax system

Analysis of the main Italian tax law principles together with its main taxes levied. The primary objective of this course is to enrich students with a specific knowledge of those tools necessary to better understand the Italian tax system within its internal, EU and international context.

The object of the course is the analysis of the legal framework of corporate crisis, not only in the light of recent developments in case law on the subject, but also the recent reform of August 2015 (Decree Law no. 83/2015, converted with modifications, in l. 132/2015) and May 2016 (Decree Law no. 59/2016, converted with modifications, in l. 119/2016)). They will be analyzed, in particular, the following aspects: the declaration of bankruptcy and the failure of the company; the bodies of bankruptcy proceedings; the effects of bankruptcy and the verification of claims; the administration, liquidation and division of 'active; the termination of the bankruptcy and the bankruptcy agreement; the courts, restructuring agreements and action plans; the compulsory liquidation; the special administration of large insolvent firms. In the final part of the course they will be presented some cases of particular relevance, in which the teacher worked as Government Commissioner or consultant (Alitalia, Valtur, Bertone).

The course aims to provide knowledge of the main institutions of the bankruptcy law as they emerge in the elaboration of the doctrine and jurisprudence, in order to achieve the student critical reading skills learned.

Prerequisites

Commercial law.

Didattics Methods

Class lectures and seminars.

Other informations

Attendance is recommended.

Grading rules

Written exam.

Full arguments

The conditions of the failure: the quality of business entrepreneur (purchase and loss) and exemption from bankruptcy for the object of the business and enterprise size; insolvency and extent of the obligations; the failure of the company.
The opening of bankruptcy proceedings: the entitlement to seek bankruptcy, competence, jurisdiction, the investigation and pre-bankruptcy proceedings and the decision.
The liens and dismissal of bankruptcy.
The bankruptcy estate: the competition execution and the administration of the bankruptcy estate for liquidating (in particular temporary operation and business rental); bodies involved in the failure (bankruptcy court, Chief Judge, creditors 'meeting, creditors' committee and curator); competence and ritual in bankruptcy litigation (special rite of the assessment of liabilities and of real and personal rights of others).
The debtor's assets: property and rights (of unavailability constraint, the ineffectiveness of the acts committed by the bankrupt and formalities performed after the failure, the replacement of the receiver in the procedural relationships and supervening, with assets not included in the bankruptcy and personal effects); contractual relationships; different provisions on the takeover and on the dissolution in certain contracts.
The reintegration of the collateral: the action to set aside the ordinary rules of insolvency and discipline.
The liquidation, the breakdown of assets, the termination of the bankruptcy proceedings and the bankruptcy agreement.
The negotiated adjustment of the crisis: the debt restructuring agreements, the recovery plans and the courts.
The arrangement by the 1942 law to the 2015 mini-reform: the conditions for access; the application for composition; the anticipation of the effects of the application for composition; the plan in the scenario continuing business and the sale of assets; the division into classes of creditors; admission to the agreement, the effects and the ongoing contracts; the revocation of the admission, the exequatur and the approval of the arrangement.
Administrative insolvency proceedings: the compulsory liquidation and administration of large insolvent firms.
The reform prospects in the design scheme of the enabling act elaborated by the Ministerial Commission scheme established by the Ministry of Justice by Decree of 28 January 2015 (and subsequent amendments).

Expected learning objectives

the knowledge of the most important insolvency procedures of the Italian business crisis law in the evolution of legislation, jurisprudence and doctrine

The Course provides an in-depth insight about the institutional and operating features of securities markets (equity, debt and derivatives markets) as well as about their role in modern financial systems. To this end, the course syllabus develops through the analysis of the following: the characteristics of the financial instruments traded in securities markets, the organizational settings of securities exchanges, the processes for the listing in regulated markets and the public offerings, the business models of the various financial institutions involved in securities markets. Due attention is given to the role and the impact of both EU and national regulations.

Reference texts

o Banfi A., Nadotti L., Tagliavini G., Valletta M., Economia del mercato mobiliare, ISEDI, Milano, 2016.
o The instructor will provide articles, working papers and reports in order to deepen specific course topics by the course official web page at the following link: https://eco.dir.unipmn.it . The login to the web page requires a password; please contact the instructor to get it (mario.valletta@uniupo.it).

Teaching targets

1. Knowledge and understanding: the students will acquire the knowledge about the institutional and operating features of securities markets (equity, debt and derivatives markets) as well as about their role in modern financial systems. In detail, the students will acquire the knowledge about the characteristics of the financial instruments traded in securities markets, the organizational settings of securities exchanges, the processes for the listing in regulated markets, the public offerings, the business models of the various financial institutions involved in securities markets.
2. Applying knowledge and understanding: the students will acquire the ability to apply knowledge in order to choose the financial instruments suited to satisfy specific investment needs and to hedge speculative risks.
3. Making judgments: the students will be able to apply the knowledge acquired, on both a theoretical and an operational basis, in order to make autonomous judgements about the profitability and riskiness of various types of financial investments end hedging operations. Furthermore, the students will be able to use the knowledge acquired to evaluate the efficiency of the most important Italian financial markets and the related supervision.
4. Communication skills: the students will acquire the ability to use the technical language used by professionals of financial markets in order to clearly communicate with both specialized and non-specialized interlocutors. The knowledge of the most important information sources will make them able to better support their arguments.
5. Learning skills: the students will become familiar with the most important information sources, web sites (financial markets, supervision authorities, research centers) and free databases.

Prerequisites

Students must have passed the exam of following courses: Business Economics, Accountancy (I), Financial Markets and Institutions.

Didattics Methods

1. Knowledge and understanding: traditional face-to-face lessons and self-study based on teaching materials.
2. Applying knowledge and understanding: exercises carried-out by the teacher during the course and exercises based on previous written exams carried-out by the students (homework based on materials published on the course’s webpage). During the Course some qualified guest speakers will be invited to share with the class their professional experience.
3. Making judgments: students will be stimulated to judge the strengths and weaknesses of the financial instruments used to make investments or to hedge speculative risks, the most important Italian financial markets and the related supervision.
4. Communication skills: the meaning of the terms used by professionals of financial markets will be explained.
5. Learning skills: every topic will be discussed beginning from the illustration of the problem and then analyzing the various possible solution.

Other informations

Further information can be found in the Course official web page at the following link: https://eco.dir.unipmn.it

Grading rules

One compulsory written exam consisting of six questions (closed books and closed notes), covering the whole course syllabus and including exercises, with a 60-minute duration. During the period of teaching, all students may sit for a mid-term written exam covering the first part of the course contents.
o knowledge and understanding: by written open questions.
o applying knowledge and understanding: through exercise.
o making judgements: by written open questions.
o communication skills: by written open questions.
o learning skills: by a mid-term exam during the course

By giving a written exam, students must show:
KNOWLEDGE
- to know the theories aiming at explaining the functioning of securities markets and financial intermediation in these markets;
- to know the main features of domestic securities markets and the different types of financial instruments that are traded in these markets;
- to be aware of the main regulations affecting the structure and the functioning of domestic securities markets;
COMPETENCES
- to be able to apply the methodologies commonly used for the pricing of securities and derivative contracts and the estimate of their economic value and yield;
TRANSVERSAL SKILLS
- to be able to interconnect among each other’s topics faced in different chapters of the course;
- to be able to to present a set of clear and structured arguments dealing with financial intermediation in securities markets and specific profiles of the relevant regulation;
- to be able to read, comprehend and comment technical material from books, financial journals or other sources;
- to know the technical terminology used by professionals in securities markets, at both the domestic and the international level.

The Course provides an in-depth insight about the institutional and operating features of securities markets (equity, debt and derivatives markets) as well as about their role in modern financial systems. To this end, the course syllabus develops through the analysis of the following: the characteristics of the financial instruments traded in securities markets, the organizational settings of securities exchanges, the processes for the listing in regulated markets and the public offerings, the business models of the various financial institutions involved in securities markets. Due attention is given to the role and the impact of both EU and national regulations.

Reference texts

Banfi A., I mercati e gli strumenti finanziari, ISEDI, Novara, 2013.
The instructor will provide articles, working papers and reports in order to deepen specific course topics by the course official web page at the following link: https://eco.dir.unipmn.it . The login to the web page requires a password; please contact the instructor to get it (gianmarco.chiesi@uniupo.it).

Teaching targets

Knowledge and understanding: the students will acquire the knowledge about the institutional and operating features of securities markets (equity, debt and derivatives markets) as well as about their role in modern financial systems. In detail, the students will acquire the knowledge about the characteristics of the financial instruments traded in securities markets, the organizational settings of securities exchanges, the processes for the listing in regulated markets, the public offerings, the business models of the various financial institutions involved in securities markets.
Applying knowledge and understanding: the students will acquire the ability to apply knowledge in order to choose suitable financial instruments to satisfy investment needs and to hedge speculative risks.
Making judgments: the students will be able to use the knowledge acquired, both from a theoretical basis and from an applied point of view, in order to independently judge profits and risks of various types of financial investments. Furthermore, the students will be able to use the knowledge acquired to judge strengths and weaknesses about the most important italian financial markets and the related supervision.
Communication skills: the students will acquire the ability to use technical language used by professionals of the financial markets in order to clearly communicate with both specialized and no-specialized counterparties. The knowledge of most important information sources will make them able to better support their arguments.
Learning skills: the students will acquire both theoretical and practical learning skills to be able to examine in depth the topics of this course both in graduate degrees and in the world of work. The students will be familiar with the most important information sources, web sites (financial markets, supervision authorities, research centers) and free databases.

Prerequisites

Students must have passed the exam of following courses: Business Economics, Accountancy (I), Financial Markets and Institutions.

Didattics Methods

Knowledge and understanding: traditional lessons and self-study based on teaching materials.
Applying knowledge and understanding: exercises carried-out by the teacher during the course and exercises based on previous written exams carried-out by the students (homework).
Making judgments: students will be induced to judge strengths and weaknesses about the financial instruments used to invest or to hedge speculative risks, the most important italian financial markets and the related supervision.
Communication skills: the meaning of the terms used by professionals of the financial markets will be explained.
Learning skills: every topic will be discussed beginning from the illustration of the problem and then analyzing the given solution.

Other informations

Further information can be found in the Course official web page at the following link: https://eco.dir.unipmn.it

Grading rules

One compulsory written exam (closed books and closed notes) with a 60-minute duration, covering the whole course syllabus.
The knowledge of the topics of the course will be find out by 1 or 2 multiple-choice questions each evaluated 2 marks and 1 or 2 open questions evaluated up to 10 marks.
Applying knowledge will be find out by 1 or 2 exercises each evaluated up to 10 marks.
Communication skills, making judgments and learning skills will be find out by analyzing the answers to the 1 or 2 open questions cited above.
During the period of teaching all students may sit for a partial test covering the first part of the course contents.

By a written exam students have to show that they:
KNOWLEDGE
- know the theory of the financial markets and securities intermediaries;
- know the technical characteristics of both the Italian financial markets and the listed financial instruments.
- know regulatory principles of the Italian financial markets.
APPLYING KNOWLEDGE
- are be able to apply fixing methods, evaluation criteria and performance calculations to financial instruments quoted in Italian financial markets.
CORE SKILLS
- understand the relationship between matters treated in different chapters;
- are able to write a report about securities intermediation or regulatory principles of Italian financial markets.
- are able to understand financial markets matters treated in handbooks, books or other sources.
- know and use technical language used by the financial community.

The course is designed to provide a comprehensive representation of the technical instruments available to analyse and evaluate the financial and economical performance of a company; these instruments will be also reviewed in order to understand and highlight their analysis potential and possible limits. The final goal will be to form a solid opinion about the economic and financial performance of a company.

Prerequisites

Business Administration
Financial Accounting

Didattics Methods

Frontal lectures; exercises and case studies will be used during the course. In order to support lessons it will be used the Moodle web platform, where the teacher will upload learning material.

Grading rules

Oral examination about both theoretical and logical aspects of FSA tools. Questions can be made also about incidents, short cases and numerical exercises in order to evaluate the depth of students' comprehension. Some questions could be asked to all the registered students in written form before oral examination.

Full arguments

The course is designed to provide a comprehensive representation of the technical instruments available to analyse and evaluate the financial and economical performance of a company. During the course the following specific topics will be discussed:
- Reading of Financial statements;
- Restatement of financial reports:
o Restatement of income statement;
o Restatement of balance sheet.
- Ratios
o Solidity ratios;
o Liquidity ratios;
o Profitability ratios;
o Other ratios.
- Cash Flow Analysis
- Final comprehensive evaluation

Expected learning objectives

The student is expected to be in the position to read and interpret in an autonomous way the annual financial report of a company. Besides the student must be able to use properlòy the financial statement analysis tools (reformulated statements and financial ratios) and interpret their results both individually and in an overall perspective.

The aim of the course is the analysis and the evaluation of the assets and the economic and financial performances, both from an ex-post and an ex-ante perspective.
The program is composed by three different sections, in order to reach knowledge about reclassification procedures, the tipologies of analysis and the creation of a comment about the company.

The course is designed to provide a comprehensive representation of the technical instruments available to analyse and evaluate the financial and economical performance of a company; these instruments will be also reviewed in order to understand and highlight their analysis potential and possible limits. The final goal will be to form a solid opinion about the economic and financial performance of a company.
In detail, the objectives can be identified as follows:
1.Knowledge and understanding:
The course aims to provide students with the basic methods and techniques of financial analysis useful for representing and understanding the processes of business management and financial statements, which represent the values of synthesis. In particular, reclassifications of financial statements, ratio analysis and cash flow, will enable students to learn about the main profitability indicators, capital strength and liquidity indicators, and to understand their relationships, deriving a coordinated system of indicators for appreciation the levels of efficiency and performance, acquiring a specific language.
2.Applying knowledge and understanding:
The aquired knowledge in the financial statement analysis will ensure that students acquire the necessary tools to analyze the economic and financial position of the company. The student will be able to identify the earning management adopted by companies and to reprocess and interpret the financial statements as an instrument of economic-financial control. In doing so, they will able to choose and apply different criteria for the restated balance sheet and the restated income statement; and to build a system of economic and financial indicators. Students also acquire the tools necessary for a better understanding of the financial statements and for a more effective analysis of earnings quality.
3.Making judgements:
The course will enable students to develop a range of opinion, and will put him/her in the position to express critical considerations about the results derived from the financial statements, the fiscal policies adopted by companies.
4.Communication skills:
Based on the acquired knowledge, students can develop communication and social skills for business consulting and accounting assessments, working in positions related to the administrative and managerial function.
5.Learning skills:
The study of the discipline will enable the student to understand the logic and assumptions of the financial statement analysis, reclassification procedures and the tipologies of analysis. In particular, the student will be able to build, comment and connect margins and ratios derived from the financial statement in order to know their informational value for the purpose of appreciation.

Prerequisites

Course of Business Administration
Course of Financial Accounting

Didattics Methods

The course program contains 3 parts and deals with the study of the tools and methodologies of financial statement analysis in order to acquire the key elements for the understanding and interpretation of financial statements.
Frontal lectures; exercises will be used during the course.

Other informations

None.

Grading rules

The examination is written.
The examination is composed by three different sections, in order to separately consider the knowledge about reclassification procedures, the tipologies of analysis and the creation of a comment about the company.
The three sections are equally important. The final grade is the average.

Full arguments

The course is designed to provide a comprehensive representation of the technical instruments available to analyse and evaluate the financial and economical performance of a company. During the course the following specific topics will be discussed:
- Reading of Financial statements;
- Restatement of financial reports:
o Restatement of income statement;
o Restatement of balance sheet.
- Ratios
o Solidity ratios;
o Liquidity ratios;
o Profitability ratios;
o Other ratios.
- Cash Flow Analysis
- Final comprehensive evaluation

Expected learning objectives

-reclassifications of financial statements, ratio analysis and cash flow
-analysis of the economic and financial position of the company

At the end of the course, students will be able to describe the specific characteristics of the pillars of marketing, to indicate the necessary information and the most appropriate models to design a marketing plan.

Knowledge and understanding of some basic notions of linear algebra and ability to use these notions in the analysis of some models.

Prerequisites

It is recommended to take the exam of Mathematical Methods 2.

Didattics Methods

Lectures, tutorials.

Other informations

Any useful information on the course and supplementary didactic resources can be found on the web page of the course at www.dir.uniupo.it.

Grading rules

A compulsory written exam consisting in:
- a question designed to test the level of knowledge achieved of the concepts considered;
- two short exercises aimed to test the knowledge and understanding of the course contents, together with the ability to apply this knowledge, with regard to the recognition of a vector space and the calculation of eigenvalues and eigenvectors of a square matrix;
- a more structured exercise on the course topics, aimed to test the capacity for autonomous choice of the most appropriate tool in the study of the assigned problem and the ability to express the results obtained with a sufficiently rigorous technical language.

Achieving a good knowledge and understanding of the notions of vector space, eigenvalue and eigenvector.
Development of a good ability to recognize a vector space, determining a base, to calculate eigenvalues and eigenvectors in cases that can be manually treated.
Ability to apply the acquired knowledge to the study of discrete dynamic vector models and to the analysis of some relevant applied models.

Italian, but part of the supporting materials – i.e. teacher slides - are edited in English.

Abstract

The course aims at providing knowledge in auditing / accounting to properly implement civil law and tax rules for valuations / implementation of internal audits of companies. Attention is also given to assurance in special situations such as crisis ones.
The second part of the course aims’ is to provide knowledge in the accounting / information system of public administrations. Being acquainted with this system is in fact considerably important for many professionals, both within (Chief Financial Officers, managers, directors) or outside (banks, consulting firms, audit firms, supplier businesses).
In support of the lessons the course offers exercises, case studies and discussions with experts.

It has the aim to provide auditing and assurance skills. The issue will be addressed by providing the general reference model shared by doctrine and practice as consistent with the ISA (International Standard on Auditing).
Then it will analyze the traditional accounting system in public companies such as:
1. the main features of the accounting system of public companies;
2. the annual financial statement’s principles;
3. the budget cycle in company municipal and provincial (weather, operations management , summary of accounting period );
4. the audit: the principles of the revision, the techniques , the role of auditors in public companies.

Prerequisites

In order to pass the examination, it is necessary to hold the basic knowledge of the business economy (double – entry method, financial statements and its construction). It is therefore necessary to have passed the examination of “Economia aziendale” and “Ragioneria”

Didattics Methods

For the purposes of the learning process, decisive to overcome the exam, will be theoretical lessons, interactive exercises and workshops with experts and operators in the sector. The activities required consist in the study of the lessons and the implementation of teamwork necessary to improve and deepen the subjects covered in the lectures. This will be presented by students and evaluated by the professor.

Other informations

Course attendance is optional but recommended as case studies will be presented, experts invited to speak and workshops conducted. All the above activities facilitate learning.
Only for the first part of the course, the frequency of the three seminars in syllabus and three additional seminars chosen from the professor’ proposal at the beginning of the course will be entitled to 1 point to be added to the final vote. Likewise, the two teamwork which will be proposed by the professor during the course will be able to permit, after the positive assessment of the work, the achievement of further 2 points (1 for each work) to be added to the final vote.
At the end of the course, for those who are interested in audit, there’s the possibility to evaluate a stage in professional offices and auditing firms, indicating their availability to the professor.
Finally, students that would like to draft their own thesis in audit and assurance can ask to professor to participate at the research activity of the OCRI - Crisis and Business Recovery Observatory, of the Universities of Bergamo, Bocconi, UPO and Milan SAF.
The professor will be available to students weekly on Monday at 01:00 pm. You can also contact professors and lecturers after class, and by e-mail at: patrizia.riva@uniupo.it

Grading rules

The examination consists of a written test composed of open answers and exercises. For the purposes of the examination, the student must demonstrate that he has known and understood at least the basic concepts, he must be able to expose the acquired concepts in a clear manner demonstrating the ability to synthesize without overlook the fundamental concepts.
A wider understanding of the content of the syllabus, which in particular allows the student to establish the connections between the various topics covered, lead to a more valuable assessment; to achieve a high vote, the student must be able to use independently of his knowledge and understanding of the content of teaching in order to address a thorough discussion on critical aspects of the subjects covered and to present its conclusions in a clear and logical mode.
The written exam can be taken in two different ways:
1. by taking partial intermediate tests.
Students who have attended course lectures will be able to take two partial tests.
Each test shall be respectively on the syllabus of the first part and on the syllabus of the second part.
Students can be accessed to the second partial test only if the first partial test has been passed with a grade of at least 18/30. The final grade will be automatically assigned after passing both written tests (calculated as the weighted average of the two tests). The grade must be recorded, or otherwise forfeit, in one of the three examinations of the winter session.
Only for the first part of the course, the frequency of the three seminars in syllabus and three additional seminars chosen from the professor’ proposal at the beginning of the course will be entitled to 1 point to be added to the final vote. Likewise, the two teamwork which will be proposed by the professor during the course will be able to permit, after the positive assessment of the work, the achievement of further 2 points (1 for each work) to be added to the final vote.
2. by taking a general examination.
Students who fail partial test, or who choose the general examination, must pass a written test on the entire syllabus.

Full arguments

During the course, the following issues will be discussed:
First part (Prof. Riva)
1. introduction and methodology of auditing;
2. the historical evolution of auditing;
3. independence of the auditor: The ethical dilemma;
4. the audit methodology applied to the financial statements;
5. reliability requirements of the Information System;
6. requirements of the organizational system: the internal audit fuction;
7. the cicle/processes approach;
8. the audit documentation used by the audit company (workshop with an expert);
9. the audit program (workshop with an expert);
10. the risk model of auditing;
11. the materiality;
12. big audit firms documentation – some examples presented by partners invited (workshop with an expert);
13. assurance in special situation and in crisis context;
14. presentation of empirical research of the University of Eastern Piedmont (workshop with an expert);
15. teamwork presentation.
Second part (Prof. Maggi)
1. purpose, object and method of the financial accounting system;
2. The system of functioning of financial accounts;
3. the input and expenditure phases;
4. residues, economies, diseconomies;
5. the administrative result and its application;
6. the local authorities’ budget;
7. the budget balance;
8. audits procedure and statements to the budget;
9. the consumptive financial statements;
10. audits procedure and statements to the consumptive financial statements.

Expected learning objectives

The students will be able to face the world of audit by learning the basic instruments, having made the general review model. They will have had the opportunity to meet operators and professionals and to discuss mail topics with them, also experimenting how to build audit working papers.

Learning Objectives:
Acquire a systematic framework for analyzing and understanding negotiation
Assess and heighten your awareness of your strengths and weaknesses as a negotiator
Learn how to create and maximize value in negotiations
Gain problem-solving techniques for distributing value fairly while strengthening relationships
Develop skills to deal with difficult negotiators and hard-bargaining tactics
Learn how to match the process to the context
Discover how effectively to manage and coordinate across and behind-the-table negotiations

Prerequisites

no

Didattics Methods

Featuring dynamic lectures and demonstrations, negotiation role-play and other skill-building exercises, facilitated small group discussions, Use of film clips; this program is designed to actively involve participants in the learning process.

Other informations

no

Grading rules

written compilation of a difficult personal negotiation plan in order to use what has been learned

Full arguments

1. Warm up Introduction of tutors and subject, ice-breaker exercise
2. Basics of good communication Good negotiators communicate clearly and concisely. This session includes tips and techniques on how to communicate well, especially understanding and using body language correctly.
3. First impressions and building rapport The way that the other negotiating party sees you is very important. This session looks at how to create a confident and assertive first impression, and how to build trust.
4. Your personal style versus others and how to influence Everyone has a style of operating that is most natural and comfortable to them. This session looks at how your preferred personal style affects your ability to influence others.
5. Planning a negotiation Wherever possible, negotiations should be planned in advance, to ensure the negotiator is confident and knowledgeable. This session shows participants how to prepare thoroughly
6. Conducting a negotiation Every negotiation is different but there are common stages to many negotiations. This session takes participants through the different stages and what they need to do during each one.
7. Managing conflict Negotiation may be used to resolve a conflict or may sometimes arise from a negotiation that went badly. This session helps participants to understand why conflict arises and how to manage it confidently.
8. Action planning The final session of the second day will review the material covered and give participants time to prepare a personal action plan to use the learning in practical ways.

Expected learning objectives

By the end of this course participants will:
 Know how create a positive first impression and be more assertive
 Know how to prepare properly for a negotiation
 Be able to evaluate what drives the other party
 Use language and body language to influence and to create cooperation
 Manage conflict, uncomfortable situations and difficult people

Both theoretical and practical classes will be held in a computer lab. Assignments. Classes attendance is highly recommended.

Other informations

Further informations (such as link to software website) can be found at the web page of the course: https://dir.uniupo.it/

Grading rules

The exam is formed by a Written/practical test, a personal essay and an oral examination. The Written/practical test consists of some theoretical and practical (related to the use of the statistical software R) questions. The personal essay concerns a data analysis carried out using the statistical tools introduced during classes. Oral exam is a discussion about the previous tests.

Students will know and be able to use multivariate statistical tools: descriptive statistics, clustering, discriminant analysis, regression (linear, logistic, non linear), principal component analysis, etc. Students will be able to apply these tools to dataset by using the statistical software R.

Achieving a full understanding of basic mathematical knowledge related to the resolution and discussion of the results of a linear programming problem.
Acquisition of knowledge related to some basic criteria of individual choice under uncertainty, and judgment in choosing and using analysis tools suitable for solving simple problems.
Development of the ability of communicating in a sufficiently rigorous way the logicdeductive way of problem solving.

Prerequisites

Differential calculus for real functions of one and several real variables. Linear Algebra (vector, matrices, linear systems) and introductory descriptive statistics.
The exam of Mathematical Methods 1 is compulsory. It is recommended to take the exams of Mathematical Methods 2 and Statistics.

Didattics Methods

Lectures, tutorials and computer laboratory.

Other informations

Any useful information on the course and supplementary didactic resources can be found on the web page of the course at the URL: https://dir.uniupo.it/.

Grading rules

The exam is oral and consists of four questions / exercises, divided as follows:
• a question/exercise designed to assess the knowledge, understanding and ability to apply the techniques of analysis and discussion of the results of a linear programming problem;
• a short question/exercise to test the skills achieved in solving nonlinear programming problems;
• two questions/exercises aimed at testing the knowledge, understanding and ability to apply some criteria of individual choice to real problems under risk conditions, together with the ability to present the results achieved with an appropriate and rigorous technical language.
A final written exam at the end of the lesson cycle is scheduled.

The expected results related to a medium level of preparation are:
-Discrete knowledge of the main mathematical notions and solving methods of linear (PL) and nonlinear programming (with rigid constraint); knowledge of some important decision criteria under risk conditions.
- Good ability to formalize, solve and analyze the solutions, both graphically, both with the simplex tables, and with the spreadsheet, of a problem of PL in two variables; sufficient ability to solve problems of choice with the criterion of maximization of the expected value, the criterion of mean-variance and the criterion of the maximization of the expected utility.
-Maturation of a discrete judgment in the choice and use of calculation tools suitable for the resolution of the aforementioned problems.
-Sufficient ability to communicate in a clear and rigorous way the logical-deductive paths followed in addressing the proposed problems.